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Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory Nov. 04 Sold
Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory Nov. 04 Sold Nov. 10 Purchased Nov. 17 Sold Nov. 30 Purchased 18 units at $25.00 9 units 34 units at $20.00 18 units 25 units at $25.00 Using the perpetual LIFO system, what is the cost of the merchandise sold for November? Select the correct answer. O $585.00 O $630.00 $810.00 O $1,125.00
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