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a company uses the perpetual inventory method purchases different letters for resale. they had a beginning inventory comprised of seven units at $6 per unit.
a company uses the perpetual inventory method purchases different letters for resale. they had a beginning inventory comprised of seven units at $6 per unit. the company purchased three units at $8 per unit in february , sold six units in October and purchased four units at $9 per unit in december.
if the company uses the LIFO method what is the cost of goods sold for the year?
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