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  3. the inventory data for an item for november are:

The inventory data for an item for November are: Date Line Item Description Units...

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Accounting

The inventory data for an item for November are:
Date Line Item Description Units and Cost
Nov. 1 Inventory 20 units at $20
4 Sold 8 units
10 Purchased 30 units at $21
17 Sold 16 units
30 Purchased 21 units at $20
Using a perpetual system, what is the cost of goods sold for November if the company uses LIFO?

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