Question: Cullumber Department Store uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units Unit Price May 7 48

Cullumber Department Store uses a perpetual inventory system. Data for product E2-D2 includes the following purchases.

Date

Number of Units

Unit Price

May 7

 48 $16

July 28

 36 21

On June 1, Cullumber sold 24 units, and on August 27, 36 more units.

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