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TB MC Qu. Melbourne Company uses the perpetual inventory system and LIFO cost tow method, Melbourne purchased 1100 units of inventory that cost $6.50 each
TB MC Qu. Melbourne Company uses the perpetual inventory system and LIFO cost tow method, Melbourne purchased 1100 units of inventory that cost $6.50 each At a later date, the company purchased an additional 1200 units of inventory that cost $700 each. If the company sells 1400 units of inventory. What amount of ending inventory will appear on a balance sheet prepared immediately after the sale? 2:49 Multiple Choice O $6.075 es O $6,300 $5.950 o 59700
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