Question: The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Newtown, Inc. for an operating period Units Unit

The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Newtown, Inc. for an operating period Units Unit Cost Total Cost Units Sold Beginning inventory 30 518 5976 Sale no. 1 10 Purchase no.1 20 Salena 2 Purchase 20 Totals 5151 Assuming Newtown, Inc., uses FIFO inventory procedures, the ending wentary costis Select one a. 5684 b5696 5740 e. None of the above

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