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A company had beginning inventory of 11 units at a cost of $14 each on March 1. On March 2, it purchased 11 units at
A company had beginning inventory of 11 units at a cost of $14 each on March 1. On March 2, it purchased 11 units at $22 each. On March 6 it purchased five units at $19 each. on March 8, its sold 25 units for 62 each. Using the FIFO perpetual inventory method, what was the cost of the 25 units sold.
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