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Assuming a Perpetual Inventory System and the Last-In, First-Out Method

Question 38

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Assuming a perpetual inventory system and the last-in, first-out method, determine (a) the inventory on November 30 and (b) the cost of the goods sold for November.​ Assuming a perpetual inventory system and the last-in, first-out method, determine (a) the inventory on November 30 and (b) the cost of the goods sold for November.​

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(a) Invent...

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