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company's inventory records report the following in November of the current year:42) Beginning Purchase Purchase November 1 November 2 November 6 5 units @ $20

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company's inventory records report the following in November of the current year:42) Beginning Purchase Purchase November 1 November 2 November 6 5 units @ $20 10@ s22 6 $25 On November 8, it sold 18 units for $54 each. Using the LIFO perpetual inventory method, what amount of gross profit was earned from the 18 units sold? A) S452 B) $562 C) $462 D) S577 E) $522 13

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