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Assume DLM, Inc., began May with 75 units of inventory that cost a total of $ 1 comma 425. During May, DLM, Inc., purchased and
Assume DLM, Inc., began May with 75 units of inventory that cost a total of $ 1 comma 425. During May, DLM, Inc., purchased and sold goods as follows: LOADING...(Click the icon to view the transactions.) DLM, Inc., uses perpetual inventory. Under the LIFO inventory method, how much is DLM's cost of inventory on hand after the sale on May 30? May 6 Purchased 100 units @ $ 12 each 15 Sold 130 units @ $ 29 each 22 Purchased 125 units @ $ 14 each 30 Sold 95 units @ $ 31 each
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