Calculate the cost of goods sold under lifo


Sept 1 Beginning Inventory 100 units cost 10 Sept 7 Purchase 200 units cost 11 Sept 28 Purchase 100 units cost 12 I dont understand what is the cost of goods sold under lifo or the ending inventory also what the ending inventory under fifo would be?

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Accounting Basics: Calculate the cost of goods sold under lifo
Reference No:- TGS0710047

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