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RJ Corporation has provided the following information about one of its inventory items: Number of Cost per Date 1/1 Transaction Units Beginning Inventory 414 6/6
RJ Corporation has provided the following information about one of its inventory items: Number of Cost per Date 1/1 Transaction Units Beginning Inventory 414 6/6 Purchase 814 Unit $3,340 $ 3,670 9/10 Purchase 1,195 $ 4,140 11/15 Purchase 814 $ 4,195 During the year, RJ sold 3,115 units. What was cost of goods sold using the LIFO cost flow assumption? Multiple Choice $12,220,380. $12,234,690. $12,252,304. $12,324,690
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