Assume Shopping.com began May with 12 units of inventory that cost a total of $216....
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Assume Shopping.com began May with 12 units of inventory that cost a total of $216. During May, Shopping.com purchased and sold goods as follows: (Click the icon to view the purchases and sales.) Under the FIFO inventory costing method and the perpetual inventory system, how much is Shopping.com's cost of goods sold for the sale on May 147 Data table A. $570 OB. $900 May 8 Purchase 36 units @ $19 OC. $558 May 14 Sale 30 units $38 OD. $1,140 May 22 Purchase 24 units @$21 May 27 Sale 36 units @$38 Print Done - X Intangible assets are OA. amortized OB. depleted OC. listed at market value D. depreciated
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