Easton Company uses the periodic inventory system and had the following inventory & sales activity...
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Accounting
Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 100 $10 5/5 Purchase 210 $12 5/15 Purchase 300 $14 5/25 Purchase 320 $16 Sales were 460 units at $20. Using the FIFO method, determine the dollar value of Cost of Goods Sold for the month of May.
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