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Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. 14 units at $20 each June
Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. 14 units at $20 each June 1 June 15 June 29 Beginning inventory Sale of 6 units for $50 each Purchase 6 units at $25 each The cost of the ending inventory is: Multiple Choice O $280 O O $150 O $120 O $310 $350
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