Question: Current Attempt in Progress Blue Inc. uses a perpetual inventory system. Its records show the following for the month of May. (a) Calculate the cost

Current Attempt in Progress Blue Inc. uses a perpetual inventory system.

Current Attempt in Progress Blue Inc. uses a perpetual inventory system. Its records show the following for the month of May. (a) Calculate the cost of goods sold for May and the ending inventory at May 31 using the FIFO formula. Cost of goods sold \$ Ending Inventory $

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