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valkas [14]
3 years ago
8

Tamarisk, Inc. has the following inventory data:

Business
1 answer:
torisob [31]3 years ago
6 0

Answer:

Cost of goods sold (rounded) under LIFO is $1.403

Explanation:

Date Q Cost U.Cost Sold Inventory Cost

nov-01 31 192,2 6,2               0 31                  0

nov-08 125 837,5 6,7            52 73                 348

nov-17 62 406,1 6,55           62 0                 406

nov-25 94 648,6 6,9             94 0                 649

         312                                        208 104                1403

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