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The Following Data Has Been Provided by Lee Company Regarding

Question 87

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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 LIFO cost flow assumption. Required:
Compute the cost of goods sold and ending inventory using the perpetual inventory system for the LIFO cost flow assumption.

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Ending inventory is ...

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