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A company's Inventory records report the following in November of the current year: Beginning November 1 Purchase November 2 Purchase November 12 6 units @
A company's Inventory records report the following in November of the current year: Beginning November 1 Purchase November 2 Purchase November 12 6 units @ $18 13 units @ $20 9 units @ $22 On November 8, It sold 15 units for $48 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 15 units sold? Multiple Choice $480 O O $318 d $566 $432 $296
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