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A company's inventory records indicate the following data for the month of January: 18 Units Sold at Retail Units Acquired at Cost 400 units $18
A company's inventory records indicate the following data for the month of January: 18 Units Sold at Retail Units Acquired at Cost 400 units $18 - $ 7,200 380 units 2 $20 = $7,600 * 01:39:38 Date January 1 January 8 January 12 January 17 January 23 January 28 Activities Beginning inventory Purchase Sale Purchase Sale Purchase 680 units @ $70 440 units $22 - $9,680 320 units @ $70 500 units @ $24 = $12,000 Book If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory? Multiple Choice O $20.040 $14,200. $19,320 $16.440. 0 0 $7,040
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