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A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2. th 10 units at $22 each

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A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2. th 10 units at $22 each On November 6 they purchased 6 units at $25 each. On November 8.8 for $55 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? O $276 O $296 $304 O $280 O $288 On April 30, 2019, a three year insurance policy was purchased for $33,300 with coverage to begin immediately. What is the amount of insurance expense that would appear on the company's income statement for the year ended December 31, 2019? $11,100 $7400 $33,300 $925 $25.900

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