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The following information pertains to inventory for a company: March 1 Beginning inventory =32 units@ $5.60 March 3 Purchased 18 units@3.90 March 9 Sold 27

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The following information pertains to inventory for a company: March 1 Beginning inventory =32 units@ $5.60 March 3 Purchased 18 units@3.90 March 9 Sold 27 units@8.40 What is the cost of goods sold, assuming the company uses LIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $108 $151 $121 $105

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