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Aiello Inc. had the following inventory in fiscal year. The company uses the LIFO method of accounting for inventory. Beginning Inventory, January 1: 104 units
Aiello Inc. had the following inventory in fiscal year. The company uses the LIFO method of accounting for inventory.
Beginning Inventory, January 1: 104 units @ $15.00
Purchase 160 units @ $18.00
Purchase 40 units @ $13.50
Purchase 88 units @ $15.75
Ending Inventory, December 31: 96 units
The companys cost of goods sold for fiscal year is how much?
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