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Eastview Company Uses a Perpetual LIFO Inventory System,and Has the Following

question 42

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Eastview Company uses a perpetual LIFO inventory system,and has the following purchases and sales:
 January 1 150 units were purchased at $9 per unit.  January 17120 units were sold.  January 20 160 units were purchased at $11 per unit.  January 29 150 units were sold. \begin{array} { | l | l | } \hline \text { January 1 } & 150 \text { units were purchased at \$9 per unit. } \\\hline \text { January } 17 & 120 \text { units were sold. } \\\hline \text { January 20 } & 160 \text { units were purchased at \$11 per unit. } \\\hline \text { January 29 } & 150 \text { units were sold. } \\\hline\end{array}
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What is the value of cost of goods sold?


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