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Suppose a company had the following inventory information:Beginning Inventory: 100 units @ $4.00 cost per...

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Accounting

Suppose a company had the following inventory information:

Beginning Inventory: 100 units @ $4.00 cost per unit

Purchases: 120 units @ $7.00 cost per unit

If the company then sold 190 units, calculate  what would be the amount of COGS under FIFO?

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