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A company had inventory on November 1 of 19 units at a cost of $23 each. On November 2, they purchased 24 units at $24

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A company had inventory on November 1 of 19 units at a cost of $23 each. On November 2, they purchased 24 units at $24 each. On November 6, they purchased 20 units at $26 each. On November 8, 22 units were sold for $35 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice O $984 o $986 O $943 O $1,014 O $965 A company had inventory on November 1 of 8 units at a cost of $12 each. On November 2, they purchased 13 units at $13 each. On November 6, they purchased 9 units at $15 each. On November 8, 11 units were sold for $24 each. Using the FIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice $239 O $247 O $228 $249 o $265 Acme-Jones Corporation uses a weighted average perpetual inventory system. August 2, 40 units were purchased at $27 per unit. August 18, 24 units were purchased at $29 per unit. August 29, 42 units were sold. What was the amount of the cost of goods sold for this sale? Multiple Choice $1,128.00 O $1,776,00 o $1,138.00 $696.00 $1,165,50

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