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Bonita Industries sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20 per unit. During the

Bonita Industries sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20 per unit. During the current month, the company purchased 479 units at $20 each. Sales during the month totaled 358 units for $45 each. What is the cost of goods sold using the LIFO method?

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