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2. The Bakery sells cakes. At the end of Monday, they had 60 cakes on hand at a cost of $5 per unit. During the
2. The Bakery sells cakes. At the end of Monday, they had 60 cakes on hand at a cost of $5 per unit.
During the next day, Tuesday, they purchased 30 cakes at a cost of $5. At the end of Tuesday, there were 20 units left in inventory.
Put Figure in the table and calculate the goods available for sale on the Tuesday morning and the cost of goods sold.
1. Calculate the goods available for sale for Atlantis Company, in units and in dollar amounts, given the following facts about their inventory for the period: Beginning inventory Purchased goods during the period Sold goods during the period Purchased goods during the period Number of Units 140 240 80 220 Cost per Unit $75 77 125 80
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