Multiple Choice
A company's inventory records report the following in November of the current year:
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On November 8,it sold 12 units for $54 each.Using the LIFO perpetual inventory method,what was the amount recorded in the cost of goods sold account for the 12 units sold?
A) $254
B) $260
C) $282
D) $188
E) $210
Correct Answer:

Verified
Correct Answer:
Verified
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