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* * * Company E uses the LIFO ( Last - In , First - Out ) inventory valuation method. It began the year with

***Company E uses the LIFO (Last-In, First-Out) inventory valuation method. It began the year with 200 units of product F, each costing $15. During the year, it purchased an additional 300 units at $18 each. By the end of the year, it sold 350 units. Calculate the COGS using the LIFO method.

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