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Business, 21.08.2019 22:10 yashirachevalier

Company purchased 200 units for $40 each on january 31. it purchased 115 units for $50 each on february 28. it sold 175 units for $65 each from march 1 through december 31. if the company uses the lastminus−in, firstminus−out inventory costing method, what is the amount of cost of goods sold on the income statement for the year ending december 31? (assume that the company uses a perpetual inventory system.)

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Company purchased 200 units for $40 each on january 31. it purchased 115 units for $50 each on febru...

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