Mathematics
Mathematics, 28.04.2021 02:10, MOONCHILDSUGA

A company had inventory on November 1 of 5 units at a cost of $28 each. On November 2, they purchased 18 units at $30 each. On November 6 they purchased 14 units at $33 each. On November 8, 16 units were sold for $63 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?

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A company had inventory on November 1 of 5 units at a cost of $28 each. On November 2, they purchase...

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