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HYT Company sells computer monitors (only one model). During February 2017, its inventory records were as follows: DateUnitsUnit CostTotal Cost Beginning Inventory10$20$200February 3 Purchase21$21$441February 5
HYT Company sells computer monitors (only one model). During February 2017, its inventory records were as follows:
DateUnitsUnit CostTotal CostBeginning Inventory10$20$200February 3 Purchase21$21$441February 5 Purchase11$23$253February 7 Sale-26N/AFebruary 9 Sale-14N/AFebruary 13 Purchase21$22$462February 23 Purchase23$19$437February 25 Sale-14N/AFebruary 27 Sale-23N/AThe cost of goods sold using the perpetual LIFO method is:
Select one:
a.$1,599
b. $1,622
c. $1,585
d. $1,613
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