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Mathematics, 11.10.2020 18:01 winterblanco
Lisa Company uses the periodic inventory system to account for inventories. Information related to Lisa Company's inventory at October 31 is given below:
October
1
Beginning inventory
390 units x $9.80 = $3,822
8
Purchase
790 units x $10.50 = 8,295
16
Purchase
590 units x $10.60 = 6,254
24
Purchase
195 units x $11.60 = 2,262
Total units and cost
1,965 units $20,633
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Lisa Company uses the periodic inventory system to account for inventories. Information related to L...
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