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Assume the following beginning inventory, purchases, and sales during the month of April: April 1...

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Accounting

Assume the following beginning inventory, purchases, and sales during the month of April: April 1 Beginning Merchandise Inventory, 10 units @ $20 each

April 3- 8 units sold

April 10 - Purchased 9 units at $21

April 23- 4 units sold

Determine the Cost of Goods Sold using the FIFO inventory costing method and the periodic inventory system on April 30.

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