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A company had the following purchases and sales during the month of November: Date Activities Units Acquired at Coat November 1 Beginning inventory 5 units
A company had the following purchases and sales during the month of November: Date Activities Units Acquired at Coat November 1 Beginning inventory 5 units @ $50 - $250 November 2 Purchase 10 units @ $52 - $520 November 6 Purchase 6 units @ $55 - $330 November 8 Sales Units sold at Retail 8 units @ $100 Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale
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