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Lowery Company Lowery Company uses a perpetual inventory system. The following information is available for the month of March: Mar. 1 On hand, 10 units
Lowery Company Lowery Company uses a perpetual inventory system. The following information is available for the month of March: Mar. 1 On hand, 10 units at $2 each 4 Sold 8 units for $10 each 22 Purchased 50 units at $4 each 26 Sold 48 units for $10 each $20 80 200 480 Refer to the information provided for Lowery Company. If the company uses the LIFO inventory costing method, how much is cost of goods sold for the month of March
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