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Marigold Company's inventory records show the following data: Units Unit Cost Inventory, January 1 9600 $8.80 Purchases: June 18 9000 9.00 November 8 5500 8.00
Marigold Company's inventory records show the following data: Units Unit Cost Inventory, January 1 9600 $8.80 Purchases: June 18 9000 9.00 November 8 5500 8.00 A physical inventory on December 31 shows 3600 units on hand. Marigold sells the units for $13 each. The company has an effective tax rate of 18%. Marigold uses the periodic inventory method. Under the LIFO method, cost of goods sold is O $180680. O $175720. O $177800. O $28800. Save for Later Attempts: 0 of 1 used Submit
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