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Nov. 1 Inventory 4 Sold The inventory data for an item for November are: 18 units at $25 10 units 10 Purchased 32 units at
Nov. 1 Inventory 4 Sold The inventory data for an item for November are: 18 units at $25 10 units 10 Purchased 32 units at $23 17 Sold 22 units 30 Purchased 22 units at $22 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Oa. $898 Ob. $956 Oc. $772 Od. $756
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Management Accounting A Decision Emphasis
Authors: Don T. DeCoster, Eldon L. Schafer, Mary T. Ziebell
4th Edition
0471637130, 978-0471637134
