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Taking into account the following data: Initial inventory 20 units $20/unit First purchase 30 units $22/unit Purchase of the second 80 unit $20/unit Sold 50
Taking into account the following data: Initial inventory 20 units $20/unit First purchase 30 units $22/unit Purchase of the second 80 unit $20/unit Sold 50 units. What is the cost of goods sold using the LIFO method of inventory cost?
1.000
1.100
1.200
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