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A company has 11 units in inventory at the beginning of May and paid $40 for each unit. On May 2, the company buys 16

A company has 11 units in inventory at the beginning of May and paid $40 for each unit. On May 2, the company buys 16 more units and pays $42 for each unit.On May 5, the company sells 19 units for $62 each.If the company maintains its inventory using LIFO, what is the cost of merchandise sold?

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