Using the lifo perpetual inventory method

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A company had inventory of 21 units at a cost of $25 each on November 1. On November 2, they purchased 26 units at $26 each. On November 6, they purchased 22 units at $27 each. On November 8, they sold 50 units for $70 each. Using the LIFO perpetual inventory method, what was the cost of the 50 units sold?

Reference no: EM13794797

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