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Using a LIFO Perpetual Cost Flow, Calculate the Value of the Ending

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Using a LIFO perpetual cost flow, calculate the value of the ending inventory and the cost of merchandise sold for the month of November of Beamer Company using the data below. Using a LIFO perpetual cost flow, calculate the value of the ending inventory and the cost of merchandise sold for the month of November of Beamer Company using the data below.   Calculate the following: a) Inventory valuation at the end of November b) Calculate the cost of merchandise sold for November Calculate the following:
a) Inventory valuation at the end of November
b) Calculate the cost of merchandise sold for November


Definitions:

Smaller Deposits

Lesser quantities of material or money placed or stored in a bank account or geological feature.

Green Or Blue Ink

Colored inks used for writing, with the choice often based on personal preference or specific document requirements.

Numerical Amount

A quantity or value expressed in numbers.

Written Amount

The value of a document or instrument stated in words.

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