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A company's inventory records report the following in November of the current year Beginning November1 4 units $17 Purchase November 2 11 units $19 Purchase
A company's inventory records report the following in November of the current year Beginning November1 4 units $17 Purchase November 2 11 units $19 Purchase November 12 7 units$21 On November 8, it sold 13 units for $47 each. Using the perpetual LIFO inventory method, what was the amount recorded in the cost of goods sold account for the 13 units sold? Multiple Choice 05382 $424 $340 $243 $380
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