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1 Required information [The following information applies to the questions displayed below.] ...

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Accounting

1
Required information
[The following information applies to the questions displayed below.]
A company began January with 8,000 units of its principal product. The cost of each unit is $9. Inventory transactions for the month of January are as follows:
\table[[,Purchases],[Date of Purchase,Units,Unit Cost*,Total Cost],[January 10,5,000,$10,$50,000
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