Pink Company has beginning inventory of 24 units at a cost of $11.00 each on...

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Accounting

Pink Company has beginning inventory of 24 units at a cost of $11.00 each on May 1. On June 5, it purchases 15 units at $14.00 per unit. On June 12 it purchases 17 units at $16.00 per unit. On June 15, it sells 41 units for $32 each. Using the LIFO perpetual inventory method, what is the value of the inventory on June 15 after the sale?

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