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Beginning inventory Purchase December 5 Sale Purchase Sale December 11 December 17 December 26...

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Accounting

Beginning inventory Purchase December 5 Sale Purchase Sale December 11 December 17 December 26 Units Unit Cost $975. O $1,080. O $1,175. O $1,300. 30 80 (40) 60 (70) $8.00 10.50 12.00 Using a perpetual inventory system and the FIFO cost formula, the cost of goods sold was period:
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Using a perpetual inventory system and the FIFO cost formula, the cost of goods sold was $975. $1,080. $1,175. $1,300

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