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What is the cost of goods sold for Julia and Company

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Reference no: EM132711315

Question - The following information pertains to Julia & Company:

March 1 Beginning inventory = 34 units @ $5.90

March 3 Purchased 15 units @ 3.70

March 9 Sold 23 units @ 8.20

What is the cost of goods sold for Julia & Company assuming it uses LIFO?

A: $85.

B: $100.

C: $136.

D: $103.

Reference no: EM132711315

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