Business, 31.01.2020 09:04 dragonstar6281

Assume that three identical units of merchandise were purchased during october, as follows: units cost oct. 5 purchase 1 $5 12 purchase 1 13 28 purchase 1 15 total 3 $33 assume one unit is sold on october 31 for $28. determine cost of merchandise sold, gross profit, and ending inventory under the lifo method.

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Assume that three identical units of merchandise were purchased during october, as follows: units c...