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Acme-Jones Corporation uses a LIFO perpetual inventory system. August 2, 42 units were purchased at $20 per unit. August 5, 27 units were purchased at
| Acme-Jones Corporation uses a LIFO perpetual inventory system. |
| August 2, 42 units were purchased at $20 per unit. |
| August 5, 27 units were purchased at $13 per unit. |
| August 15, 29 units were sold at $59 per unit. |
| August 18, 32 units were purchased at $14 per unit. |
| What was the amount of the cost of goods sold? |
| $470.60 | |
| $406.00 | |
| $478.50 | |
| $391.00 | |
| $580.00 |
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Practice Test For CCAK Certificate Of Cloud Auditing Knowledge Exam Core And Key Concepts Of The Nine Critical Areas For The CCAK Certificate
Authors: Walter Education
1st Edition
B0CCCXBB4G, 979-8853253438
