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Lansing Inc. uses a perpetual inventory system. Inventory costs are determined using the last in , first out ( LIFO ) method. On August 2
Lansing Inc. uses a perpetual inventory system. Inventory costs are determined using the last in first out LIFO method. On August units were purchased at $ per unit. On August units were purchased at $ per unit. On August units were sold at $ per unit. On August units were purchased at $ per unit. The value of the inventory on August after the purchase is $
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