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Anton Co. uses the perpetual inventory method. Anton purchased 880 units of inventory that cost...

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Accounting

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Anton Co. uses the perpetual inventory method. Anton purchased 880 units of inventory that cost $6 each. At a later date the company purchased an additional 960 units of inventory that cost $8 each. If Anton uses the FIFO cost flow method and sells 1,300 units of inventory, the amount of cost of goods sold will be: Multiple Choice $10,400. $10,440. $7,800

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