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11. Lauer Corporation has provided the following information about one of its laptop computers: Number...

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Accounting

11. Lauer Corporation has provided the following information about one of its laptop computers: Number of Units Cost per Unit $ 800 $ 900 $ 1,000 $ 1,100 Date Transaction 1/1 Beginning Inventory 100 5/5 Purchase 200 8/10 Purchase 300 10/15 Purchase 200 During the year, Lauer sold 750 laptop computers. What was ending inventory using the LIFO cost flow assumption? (A) $40,000. (B) $45,000. (C) $55,000. (D) $60,000.
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11. Lauer Corporation has provided the following information about one of its laptop computers: During the year, Lauer sold 750 laptop computers. What was ending inventory using the LIFO cost flow assumption? (A) $40,000. (B) $45,000. (C) 555,000 . (D) $60,000

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