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A company had inventory of 5 units u a cost of $20 each on November 1. On November 2, they purchased 10 units 81 $22
A company had inventory of 5 units u a cost of $20 each on November 1. On November 2, they purchased 10 units 81 $22 each. On November 6 they purchased 10 units at $25 each. On November 8. they sold 18 units for $54 each. Using the LIFO perpetual inventory method, what was the coil of the It units sold? $395 $410 $450 $510 $520 Given the following information, determine the cost of ending inventory it June 30 using the LIFO perpetual inventory method. Assume this is the first month of the company's operations June 1: 15 units were purchased at $20 per unit June 15: 12 units were sold. June 29: 8 units were purchased for S25 pa unit. $200 $220 $260 $275 $300
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