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The inventory data for an item for November are: Nov. 1 Inventory 22 units at $23 4 Sold 11 units 10 Purchased 28 units
The inventory data for an item for November are: Nov. 1 Inventory 22 units at $23 4 Sold 11 units 10 Purchased 28 units at $20 17 Sold 16 units 30 Purchased 22 units at $23 Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO? a. $606 b. $573 c. $966 d. $826
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Comparative international accounting
Authors: Christopher nobes, Robert parker
9th Edition
273703579, 978-0273703570
