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Quiet Phones Company has the following inventory data: A physical count of merchandise inventory on July 30 reveals that there are 32 units on hand.

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Quiet Phones Company has the following inventory data: A physical count of merchandise inventory on July 30 reveals that there are 32 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is A) $620. B) $660. C) $1,340. D) $1,380. Two individuals at a retail store work the same cash register. You evaluate this situation as A) A violation of establishment of responsibility

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