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A company had beginning inventory of 12 units at a cost of $27 each on March 1. On March 2, it purchased 12 units at
A company had beginning inventory of 12 units at a cost of $27 each on March 1. On March 2, it purchased 12 units at $48 each. On March 6 it purchased 7 units at $32 each. On March 8, it sold 28 units for $75 each. Using the FIFO perpetual inventory method, what was the cost of the 28 units sold? Multiple Choice O $837 $1,124 $896 $1,028 $900
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