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Lois's Furniture uses a periodic inventory system. Lois sold 60 tables during August. Other data for August include: Aug. 1 Balance 10 @ $150


Lois's Furniture uses a periodic inventory system. Lois sold 60 tables during August. Other data for August include: Aug. 1 Balance 10 @ $150 22 @ $160 9 Purchased 18 Purchased 30 @ $200 Cost of Goods Sold under the LIFO method is:

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