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Business, 22.04.2020 00:28 Delgadojacky0206

Lauer Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 260 $ 960 5/5 Purchase 360 $ 1,060 8/10 Purchase 460 $ 1,160 10/15 Purchase 280 $ 1,210 During the year, Lauer sold 1,150 laptop computers. What was cost of goods sold using the LIFO cost flow assumption

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