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Eastside Company uses a periodic LIFO inventory system, and has the following purchases and sales: January 1 150 units were purchased at $9 per unit.
Eastside Company uses a periodic LIFO inventory system, and has the following purchases and sales:
January 1 | 150 units were purchased at $9 per unit. |
January 17 | 120 units were sold. |
January 20 | 160 units were purchased at $11 per unit. |
January 29 | 150 units were sold. |
What is the value of cost of goods sold?
Group of answer choices
A) $2,730.
B) $2,750.
C) $2,670.
D) $440.
E) $380.
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