Question: It says the answer is $5,796, what was incorrect about this method? A company has the following: Assuming that a perpetual inventory system is used,

It says the answer is $5,796, what was incorrect about this method?

A company has the following: Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for December? $5,862 55,802 $5,796

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