Question: Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. Use this information to answer the

Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. Use this information to answer the question that follow, Sep. 1 4 10 Inventory Sold Purchased Sold Purchased 20 units at $20 10 units 30 units at $25 20 units 10 units at $30 30 If Addison uses LIFO, the cost of the ending inventory on September 30 is $650 $750 $700 $800 1:05 PM 7/18/20192

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