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The Following Data Has Been Provided by Lee Company Regarding

Question 95

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The following data has been provided by Lee Company regarding its inventory purchases and sales throughout the year. The following data has been provided by Lee Company regarding its inventory purchases and sales throughout the year.   Required: Compute the cost of goods sold and ending inventory using the perpetual inventory system for the FIFO cost flow assumption. Required:
Compute the cost of goods sold and ending inventory using the perpetual inventory system for the FIFO cost flow assumption.

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Ending inventory is ...

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