Metlock, Inc. has the following inventory data:
July 1 Beginning inventory 54 units at...
Metlock, Inc. has the following inventory data:
July 1 Beginning inventory 54 units at $19 $1026
7 Purchases 189 units at $20 3780
22 Purchases 27 units at $22 594
$5400
A physical count of merchandise inventory on July 30 reveals that there are 90 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is .
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