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Utilizing the LIFO perpetual inventory method, use the following information to calculate the cost of the inventory on February 29 February 1 Beginning inventory 42

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Utilizing the LIFO perpetual inventory method, use the following information to calculate the cost of the inventory on February 29 February 1 Beginning inventory 42 units at $20 each February Sale of 34 units for $5e each February Purchase 34 units at $25 each 15 28 The ending inventory costis Multiple Choice $850 S1010 5840

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