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ginning inventory280 units at $72 10 MarchSold 70 units 10 June Purchased 150 units at $76 30 OctoberSold 150 unitsWhat would the cost of sales

ginning inventory280 units at $72

10 MarchSold 70 units

10 June Purchased 150 units at $76

30 OctoberSold 150 unitsWhat would the cost of sales be as reported on the income statement for the year ending 31 December 2016 if the perpetual, last-in, first-out costing method is used?

Select one:

A. $16,440

B. $5040

C. $15,840

D. $11,400

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