Question: Oak Tree Ltd. Inventory records for a particular development program show the following at October 31, 2016: Oct 1 Beginning inventory 5 units @ $150

Oak Tree Ltd. Inventory records for a particular development program show the following at October 31, 2016: Oct 1 Beginning inventory 5 units @ $150 $750 15 Purchase 11 units 160 E 1,760 26 Purchase 5 units @ 170 850 At October 31, 10 units of these programs are on hand. Oak Tree Ltd. uses the perpetual

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