Pina Colada Ltd., which uses a perpetual inventory system, recorded the following inventory transactions for...

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Accounting

Pina Colada Ltd., which uses a perpetual inventory system, recorded the following inventory transactions for this year:
\table[[,,,Purchases,Sales],[,,,Units,Unit Cost,Units,Selling Price/Unit],[Apr.,1,Beginning inventory,100,$16,,],[25,Purchase,310,18,,.],[May,4,Purchase,140,20,,],[16,Sale,,,250,$32
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