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Coronados has the following inventory data:Nov.
1 Inventory 28 Units @ $5.60 each
8 Purchase 113 units @ $6.05 each
17 Purchase 56 units @ $5.90 each
25 Purchase 85 units @ $6.20 each
Problem 1: A physical count of merchandise inventory on November 30 reveals that there are 94 units on hand. Cost of goods sold under LIFO is?
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