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Course Content $/$ Module $6/$ Module $6$ homework

Question $1$

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Applying and Analyzing Inventory Costing Methods

At the beginning of the current period, Chen carried $1,000$ units of its product with a unit cost of $$40.$ A summary of purchases during the current period follows. During the period, Chen sold $2,800$ units.

$\backslash$table$[[,$Units,Unit Cost,Cost$],[$Beginning Inventory,$1,000,$$$40,$$$40,000$