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The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 First purchase @ May 7 second purchase @ May 17 Third
The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 First purchase @ May 7 second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 1,600 units @ $4.80 1,700 units @ $5.00 1,900 units @ $5.10 1,500 units @ $5.20 Determine the amount of cost of goods sold assuming the LIFO cost flow method. Multiple Choice O $25.500 $24.480
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