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The following information pertains to Julia & Company: March 1 Beginning inventory = 28 units @ $5.50 March 3 Purchased 20 units @ 3.60 March
The following information pertains to Julia & Company: March 1 Beginning inventory = 28 units @ $5.50 March 3 Purchased 20 units @ 3.60 March 9 Sold 30 units @ 8.50 What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice O $165. $121. $108. $127.
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