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Business, 17.12.2019 22:31 beccastark1733

Chase co. uses the perpetual inventory method. the inventory records for chase reflected the following information: jan 1 beginning inventory 2200 units @ $6.10 jan 12 purchase 2300 units @ $5.90 jan 18 sales 2400 units @ $7.60 jan 21 purchase 2200 units @ $6.20 jan 25 purchase 2000 units @ $6.00 jan 31 sales 2350 units @ $7.60assuming chase uses a lifo cost flow method, what is the amount of cost of goods sold for the sales transaction on january 18? $14,160 $14,180 $14,600 $14,640

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