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Question 13 0. A company has the following: Units Dec. 1, Beginning balance 40 Dec. 14, Purchase 60 Dec. 21, Purchase 55 Cost per unit
Question 13 0. A company has the following: Units Dec. 1, Beginning balance 40 Dec. 14, Purchase 60 Dec. 21, Purchase 55 Cost per unit $41 $42 $44 The company sold 100 units at $85 each and has a tax rate of 30%. Assuming that a periodic inventory system is used and operating expenses are $500, what is the company's after tax ne income using LIFO?(rounded to whole dollars) $2,036 O $1,716 O $4.190 O $2,583 O $3,690
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