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QUESTION 4 Small Company reports the following amount of inventory for the year. Beginning Inventory 10 units at $2.00 Purchase on Mar. 2nd 15 units

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QUESTION 4 Small Company reports the following amount of inventory for the year. Beginning Inventory 10 units at $2.00 Purchase on Mar. 2nd 15 units at $3.00 Sale on Jul 6th 20 units at $7.00 Purchase on Sept. 9th 10 units at $3.00 Sale on Nov. 30th 10 units at $6.50 If Small Company uses last-in, first-out perpetual inventory system, what is the cost of merchandise sold for November 30th? $50 O $70 oooo

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