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please help Suppose that Pharoah Automated Retail Company has the following inventory data: Nov. 1 Inventory 25 units @ $5.00 each 8 Purchase 101 units
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Suppose that Pharoah Automated Retail Company has the following inventory data: Nov. 1 Inventory 25 units @ \$5.00 each 8 Purchase 101 units @ \$5.40 each 17 Purchase 50 units @ \$5.30 each 25 Purchase 76 units @ \$5.50 each The company uses a periodic inventory system. A physical count of merchandise inventory on November 30 reveals that there are 84 units on hand. Cost of goods sold under LIFO rounded to the nearest dollar is $444. $893. $460. $910Step by Step Solution
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