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Question 66

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Use the following to answer questions
Convisor Company has a perpetual inventory system and uses the LIFO method of inventory costing. Convisor reported the following events during the month of June:
Use the following to answer questions Convisor Company has a perpetual inventory system and uses the LIFO method of inventory costing. Convisor reported the following events during the month of June: -The cost of goods sold for the June 5th sale is: A) $500 B) $550 C) $600 D) $700
-The cost of goods sold for the June 5th sale is:


A) $500
B) $550
C) $600
D) $700

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