ABC uses the periodic inventory system applied monthly. For the current month, the beginning inventory consisted of 360 units that cost $65 each. During the month, the company made two purches: 540 units at $68 each and 270 units at $70 each. ABC also sold 900 units during the month. Using the LIFO method, what is the amount of cost of goods sold for the month
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ABC uses the periodic inventory system applied monthly. For the current month, the beginning invento...
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