Question: 1 0 1 : 1 6 : 4 3 table [ [ Date , Activities,Units Acquired at cost , Units Sold at Retail ]
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tableDateActivities,Units Acquired at costUnits Sold at RetailAugust Beginning inventory, units $$August Purchase, units @ $$August Sale,, units soldAugust Purchase, units $$August Sale,, units sold
Use the above information to calculate ending inventory using FIFO for a company that uses a perpetualinventory system.
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