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A company had beginning inventory of 12 units at a cost of $18 each on March 1. On March 2, it purchased 12 units at
A company had beginning inventory of 12 units at a cost of $18 each on March 1. On March 2, it purchased 12 units at $30 each. On March 6 it purchased 7 units at $23 each. On March 8, it sold 28 units for $66 each. Using the FIFO perpetual inventory method, what was the cost of the 28 units sold?
Multiple Choice
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$576
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$737
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$558
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$644
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$668
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