A company had the following purchases and sales during its first year of operations: Sales...
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Accounting
A company had the following purchases and sales during its first year of operations: Sales January February June September Purchases 40 units at $22 100 units at $23 60 units at $35 70 units at $45 Using the perpetual FIFO inventory costing method, what is the cost of goods sold? A $1,570 B. $1,500 C $1.250 D. $2,850
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