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A company's inventory records report the following in November of the current year Beginning Purchase Purchase November 1 November 2 November 6... 6 units @
A company's inventory records report the following in November of the current year Beginning Purchase Purchase November 1 November 2 November 6... 6 units @ $12 12 units @ $14 8 units @ $16 On November 8, it sold 22 units for $42 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 22 units sold? O $264 $308 $304 0 O $320 O $368
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