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Question 55

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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 21st sale is: A) $1,260 B) $1,080 C) $1,065 D) $ 990
-The cost of goods sold for the June 21st sale is:


A) $1,260
B) $1,080
C) $1,065
D) $ 990

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