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Use the following data: Units Unit Cost Total Cost Units Sold Beginning inventory 25 $4 $100 Purchase on Apr 2541 $5 $205 Purchase on Nov
Use the following data:
Units Unit Cost Total Cost Units Sold
Beginning inventory 25 $4 $100
Purchase on Apr 2541 $5 $205
Purchase on Nov 1617 $10$170
Sales 45??
The company uses LIFO cost of ending inventory would be:
a. $217
b. $275
c. $165
d. $450
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