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Inventory records for ABC Company revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase Number of Units 460 350 Unit Cost $2.33 2.56
Inventory records for ABC Company revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase Number of Units 460 350 Unit Cost $2.33 2.56 ABC sold 650 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,514. $1,595. $1,558. $1,339
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