Question: Perpetual Inventory ( FIFO ) The beginning inventory at Midnight Supplies and data on purchases and sales for a three - month period ending March

Perpetual Inventory( FIFO)
The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows:
\table[[Date,Transaction,Number of Units,Per Unit,Total],[Jan.1,Inventory,7,500,$75.00,562,500],[10,Purchase,22,500,85.00,1,912,500
Perpetual Inventory( FIFO) The beginning inventory at Midnight Supplies and data

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