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Business, 13.07.2020 19:01 bellam302

A company had inventory on November 1 of 5 units at a cost of $11 each. On November 2, they purchased 18 units at $13 each. On November 6 they purchased 14 units at $16 each. On November 8, 16 units were sold for $46 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale

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A company had inventory on November 1 of 5 units at a cost of $11 each. On November 2, they purchase...
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