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Business, 26.10.2020 16:40 angoliabirtio

A company had inventory on November 1 of 5 units at a cost of $10 each. On November 2, they purchased 19 units at $12 each. On November 6 they purchased 15 units at $15 each. On November 8, 17 units were sold for $45 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 $10 each. On November 2, they purchase...

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