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Business, 22.04.2020 03:15 chayaharroch03

By using the following information: XYZ Co. has 500 calculators, purchased at $3.5 per unit, on hand on 11/1/2019. Purchases and sales during the month of November were as follows: (Perpetual inventory system has been applied.) On 11/13 XYZ purchased 300 units at $4 per unit and on 11/21 XYZ purchased 200 units at $5. On 11/8 XYZ sold 350 units and on 11/28 XYZ sold another 100 units. How much is the ending inventory at 11/30/2019 under LIFO?

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