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A company's inventory records report the following in November of the current year: 5 Beginning November 1 Purchase November 2 Purchase November 12 units @
A company's inventory records report the following in November of the current year: 5 Beginning November 1 Purchase November 2 Purchase November 12 units @ $19 1 0 units @ $21 6 units @ $23 On November 8, it sold 12 units for $49 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold? Multiple Choice O $342 O $443 O $378 O $264 O $248
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