Question: Suppose that Oriole Trading Post has the following inventory data: The company uses a periodic inventory system. A physical count of merchandise inventory on July

Suppose that Oriole Trading Post has the following inventory data: The

Suppose that Oriole Trading Post has the following inventory data: The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 53 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $3434.$3328$3497$3402

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