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Perpetual Inventory Using Lffo Beginnang imentory, purchases, and sales for Item 881X afe as follows: Assuming a perpetual inventory system and using the last in,

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Perpetual Inventory Using Lffo Beginnang imentory, purchases, and sales for Item 881X afe as follows: Assuming a perpetual inventory system and using the last in, firstiout (ufo) method, determine (a) the cott of ooods sold on lan. 27 and (b) the Rinkitry of lue . 3]

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