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Q 14 Excalibur Company uses the perpetual inventory method. Excalbur Company has the following data available for the month of January Date Transaction Units Unit
Q 14 Excalibur Company uses the perpetual inventory method. Excalbur Company has the following data available for the month of January Date Transaction Units Unit Cost 200 $1.00 300 $110 1Beginning inventory Jan. 9 Purchase Jan. 10 Sale Jan. 15 Purchase Jan. 18 Sale Jan. 24 Purchase 400 400 $1.16 300 100 $126 What is the Cost of Goods Sold for the month of January using LIFO? Select one: a. $778 O b. $810 c. $762 Od. $766 O e. None of the above
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