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Answer Save Question 5 (0.75 points) ACME uses a periodic inventory system. On April 1st,...

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Answer Save Question 5 (0.75 points) ACME uses a periodic inventory system. On April 1st, ACME had 10 units on hand, at $37 each. On April 2nd, ACME purchased 90 units at $49 each. On April 30th there were 20 units left. If ACME uses the FIFO inventory method, how much is the cost of goods sold for Apri? Your Answer: Answer Save Question 6 (0.75 points) ACME uses a periodic inventory system. On April 1st, ACME had 10 units on hand, at $30 each. On April 2nd, ACME $18 each. On April 30th there were 20 units left. If ACME uses the LIFO inventory method, how much is the cost of goods sold for Apri? Your Answer: purchased 90 units at 1440 Answer Save

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