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What was the amount recorded in the cost

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Reference no: EM132194015

Question - A company's inventory records report the following in November of the current year:

Beginning November 1 5 units @ $20

Purchase November 2 10 units @ $22

Purchase November 12 6 units @ $25

On November 8, it sold 12 units for $54 each. Using the perpetual LIFO inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold?

Reference no: EM132194015

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