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The Inventory Data for an Item for November Are

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Multiple Choice

The inventory data for an item for November are: The inventory data for an item for November are:   Using a perpetual system, what is the cost of the merchandise sold for November if the company uses LIFO? A)  $610 B)  $600 C)  $590 D)  $580 Using a perpetual system, what is the cost of the merchandise sold for November if the company uses LIFO?


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