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The inventory data for an item for November are: Nov. 1 Inventory 22 units at $22 4 Sale 11 units 10 Purchase 34 units at
The inventory data for an item for November are: Nov. 1 Inventory 22 units at $22 4 Sale 11 units 10 Purchase 34 units at $23 17 Sale 23 units 30 Purchase 24 units at $24 Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? Oa. $1,082 Ob. $760 Oc. $771 Od. $1013
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