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answer Carton Company uses a perpetual inventory system. At the beginning of July they had 10 units in inventory that cost $90 each. On July
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Carton Company uses a perpetual inventory system. At the beginning of July they had 10 units in inventory that cost $90 each. On July 5 , they purchased 60 more units at a cost of $84 each. On July 14 , they sold 40 units. On July 21 , they purchased 30 more units at $87 each. On July 30 , they sold 28 units. What is the ending inventory if they use LIFO? $2,748 $2,754 $2,778 $5,798 Step by Step Solution
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