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Assume the following for a business
Beginning Inventory: 30 units at $10 per unit
First purchase during period: 20 units at $12 per unit
Second purchase during period: 35 units at $14 per unit
Sales during period: 50 units
Question 1: Assuming the company uses LIFO, determine one of the following in units and dollars (show your work!):
1. Cost of Goods Available for Sale (COGAS):
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