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In its first month of operations, Skysong, Inc. Made three purchases of merchandise in the...

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Accounting

In its first month of operations, Skysong, Inc. Made three purchases of merchandise in the following sequence: (1) 220 units at $10, (2) 440 units at $11, and (3) 420 units at $12

(a) Cost of the ending inventory= 1,680

(b) Cost of the ending inventory= 1,400

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