QUESTION 6 A company just starting business made the following three inventory purchases in February...
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QUESTION 6 A company just starting business made the following three inventory purchases in February Feb 1 225 units $1,350 Feb. 10 400 units 2.800 Feb 28 100 units 800 On Feb 15. there were 300 units sold. The company uses a perpetual inventory system. Using the pro inventory cost formula the amount allocated to cost of goods sold for the February 15 satis 14.950 53.075 O 51.875 51.525
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