The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of
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Question:
Units Unit Cost Total Cost Units Sold
- Beginning Inventory 32 $72 $2,304
- Sale No. 1 10
- Purchase No. 1 28 80 2,240
- Sale No. 2 32
- Purchase No. 2 20 76 1,520
- Totals 80 $6,064 42
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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