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Perpendicular Inventory Using LIFO Beginning Inventory, purchases, and sales data for prepaid cell phones for August are as follows: Assuming that the perpetual inventory system

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Perpendicular Inventory Using LIFO Beginning Inventory, purchases, and sales data for prepaid cell phones for August are as follows: Assuming that the perpetual inventory system is used, costing by the LIFO method, determine the cost of merchandise sow for each sale and the inventory balance after each sale

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