Inventory records for Dunbar Incorporated revealed the following:
Date Transaction Number
of Units Unit
Cost
Apr. 1 Beginning inventory 530 $2.37
Apr. 20 Purchase 310 2.50
Dunbar sold 640 units of inventory during the month. Cost of goods sold assuming LIFO would be
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Home » Business » Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 530 $2.37 Apr. 20 Purchase 310 2.50 Dunbar sold 640 units of inventory during the month.