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A company's inventory records report the following in November of the current year: Beginningbr 6 units $9 Purchase November 2 12 units $11 ovember units
A company's inventory records report the following in November of the current year: Beginningbr 6 units $9 Purchase November 2 12 units $11 ovember units e .3 Purchase12 On November 8, it sold 14 units for $39 each. Using the LIFo perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 14 units sold? Multiple Choice $198 $150 $170 $242 $290
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