Question: Problems 8.2A and 8.3A are based on the following data: Speed World C World's most popular models is the Kazomma 900 dirt bike. During the
Problems 8.2A and 8.3A are based on the following data: Speed World C World's most popular models is the Kazomma 900 dirt bike. During the current year, Speed World Cycles purchased eight of these bikes at the following costs. ycles sells high-performance motorcycles and motocross racers. One of Speed Units Unit Purchased Cost Total Cost Purchase Date July 1... $4,950 9,900 15,000 5,100 15,300 $40,200 2 3 5,000 15 8 On July 28, Speed World Cycles sold four Kazomma 900 dirt bikes to the Vince Wilson racing team. The remaining four bikes remained in inventory at September 30, the end of Speed World's fiscal year. Assume that Speed World Cycles uses a perpetual inventopy system. (See the data provided.)
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