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Business, 23.04.2021 16:00 jermiahj55

Lisa Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Lisa Company uses the perpetual inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 105 $38 3/3 Purchase 65 $50 3/4 Sales 60 $80 3/10 Purchase 195 $50 3/16 Sales 90 $90 3/19 Sales 70 $95 3/25 Sales 55 $90 3/30 Purchase 35 $65 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ eTextbook and Media Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ eTextbook and Media Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $

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Lisa Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inv...
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