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Carla Vista Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 9 4 units were sold.

Carla Vista Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 94 units were sold.
\table[[Date,Explanation,Units,Unit Cost,Total Cost],[May 1,Inventory,44,$11,$484 Note: LIFO cost of goods sold does not equal 1,269
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