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QUESTION 2 A company uses the periodic LIFO inventory method. On June 1, it purchases 5 units of inventory at $4 and on June 15

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QUESTION 2 A company uses the periodic LIFO inventory method. On June 1, it purchases 5 units of inventory at $4 and on June 15 it purchases 8 units at $5. There are 3 units of inventory left at the end of the month. How much is cost of goods sold? $12 $15 $48 $45

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