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march 1 beginning inventory = 27 units @ $5.30, march 3 purchased 14 units @ $3.70, march 9 sold 25 units @ $8.60. what is

march 1 beginning inventory = 27 units @ $5.30, march 3 purchased 14 units @ $3.70, march 9 sold 25 units @ $8.60. what is the cost of goods sold assuming it uses LIFO ?

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LIFO LastIn FirstOut is a inventory valuation method where the most recently acquired items are assu... blur-text-image

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