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Current Attempt in Progress Tamarisk Appliance uses a perpetual inventory system. For...

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Accounting

Current Attempt in Progress
Tamarisk Appliance uses a perpetual inventory system. For its flat-screen television, the January 1 inventory was 3 units at $880 each.
On January 10, Tamarisk purchased 6 units at $940 each. The company sold 2 units on January 8 and 5 units on January 15.
Calculate ending inventory and cost of goods sold under FIFO.
FIFO
Ending inventory
Cost of goods sold
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