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11. A companys inventory records report the following in November of the current year: Beginning November 1 6 units @ $6 Purchase November 2 12

11.

A companys inventory records report the following in November of the current year:

Beginning November 1 6 units @ $6
Purchase November 2 12 units @ $8
Purchase November 6 8 units @ $10

On November 8, it sold 22 units for $36 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 22 units sold?

$132 $212 $188 $172 $176

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