A company's inventory records report the following: Date Activities Units Acquired at Cost Units Sold at Retail
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Question:
A company's inventory records report the following:
Date Activities Units Acquired at Cost Units Sold at Retail
August Beginning inventory units @ $ $
August Purchase units @ $ $
August Purchase units @ $ $
August Sales units sold
Using the FIFO perpetual inventory method, what is the value of the inventory at August after the sale?
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