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Mgmt405 Microeconomics Study Sheet Essay Preview: Mgmt405 Microeconomics Study Sheet Report this essay [pic 1][pic 2][pic 3][pic 4][pic 5][pic 6][pic 7][pic 8][pic 9][pic 10][pic 11][pic 12][pic 13]Also, Allowance for Inv breakage/shrinkage (contra asset), Warranty Liability, Returns Liability/Allowance[pic 14][pic 15]LIFO: Higher COGS, Lower ending Inv [pic 16]Cost of goods available [Beg Inventory+Purchases] = COGS.