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37. Addison, Inc. uses a perpetual inventory system. The following is information about one inventory item for the month of September: Sept.14101730InventorySalePurchaseSalePurchase20unitsat$2510units30unitsat$3020units10unitsat$35 Use the information
37.
Addison, Inc. uses a perpetual inventory system. The following is information about one inventory item for the month of September: Sept.14101730InventorySalePurchaseSalePurchase20unitsat$2510units30unitsat$3020units10unitsat$35 Use the information for Addison, Ine. If Addison uses LIFO, the cost of the ending merchandise inventory on September 30 is a, $900 b. $750 C. $800 d. $700 Step by Step Solution
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