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K Assume Fairprice.com began May with 16 units of inventory that cost a total of $288. During May, Fairprice.com purchased and sold goods as
K Assume Fairprice.com began May with 16 units of inventory that cost a total of $288. During May, Fairprice.com purchased and sold goods as follows: (Click the icon to view the purchases and sales.) Suppose Fairprice.com used the LIFO inventory costing method and the periodic inventory system. Using the information above, determine Fairprice.com's cost of goods sold at the end of the month. Data table OA. $1,728 OB. $1,704 May B Purchase 40 units $19 OC. $144 May 14 Sale 40 units @$38 OD. $168 May 22 Purchase 32 units @ $21 May 27 Sale 48 units @$38 Print Done ha: 1400
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