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Jocque Fabrics
The following data are available for one item of merchandise sold by Jocque Fabrics,which uses a periodic inventory system.
Refer to the information provided for Jocque Fabrics.If the LIFO method is used,determine the following amounts:
A)Ending inventory on February 28th?
B)Cost of Goods sold for the month of February?
C)Gross Margin for February?
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