Business, 30.03.2020 23:54 kchugues1241

A company had inventory on November 1 of 5 units at a cost of $19 each. On November 2, they purchased 10 units at $21 each. On November 6 they purchased 6 units at $24 each. On November 8, 10 units were sold for $54 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 $19 each. On November 2, they purchase...

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