The inventory data for an item for November are?

  • Thread starter Thread starter aarre23
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aarre23

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Nov. 1Inventory20 units at $20
4Sold10 units
10Purchased 30 units at $21
17Sold20 units
30Purchased 10 units at $22
Using the perpetual system, costing by the last-in, first-out method, what is the cost of the merchandise sold for November? (Points: 7)
$640
$630
$620
$610
 
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