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On May 1, Wiidhorse Company had 400 units of inventory on hand; at a cost...

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Accounting

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On May 1, Wiidhorse Company had 400 units of inventory on hand; at a cost of $4.00 each. The company uses a perpetual inventory system. All purchases and sales are on account. A record of inventory transactions for the month of May for the companyis as followe Calculate the cost of goods sold and ending inventory using FIFO

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