Solution
Cost of Ending inventory | Cost of Goods sold | |
LIFO | $ 12,780 | $ 22,470 |
Working
LIFO | ||||
Total Units Available for sale | 1000 | |||
Units Sold | 600 | |||
Closing Stock in Units | 400 | |||
Valuation | ||||
Ending Inventory | 270 | @ | $ 30.00 | $ 8,100 |
130 | @ | $ 36.00 | $ 4,680 | |
Value Of Ending Inventory | $ 12,780 | |||
Cost of Goods sold | $ 22,470 |
Question 1 View Policies Show Attempt History Current Attempt in Progress Oriole Company uses a periodic...
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