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Character Company, which uses the perpetual inventory method, purchases different letters for resale. Character had a beginning investory comprised of six u per unit. The
Character Company, which uses the perpetual inventory method, purchases different letters for resale. Character had a beginning investory comprised of six u per unit. The company purchased three units at 55 per unit in February, sold six units in October, and purchased three units at 56 per unit as December If Character Company uses the LIFO method, what is the cost of goods sold for the year? $33 $27 $24 $51
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