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On January 15,2021, Sports World sold 1,000 Ace-5 fishing reels to Angler's Warehouse. Immediately prior...

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Accounting

On January 15,2021, Sports World sold 1,000 Ace-5 fishing reels to Angler's Warehouse. Immediately prior to this sale, Sports World perpetual inventory records for Ace-5 reels included the following cost layers.
\table[[Purchase Date,Quantity,Unit Cost,Total Cost],[Dec.12,2020,600,$29,$17,400
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