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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third
The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 1,300 units @ $4.20 1,400 units @ $4.40 1,600 units @ $4.50 1,200 units @ $4.60 4,200 units @ $6.10 What is the amount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice O O $18,880 $19,320 $18,480 $17,640
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