Question: LP Industries has the following inventory data: Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO

LP Industries has the following inventory data: Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis if the company sold 204 units during the month of July? $11,022 $23.118 $10,992 $23,088

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