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A company has beginning inventory of 11 units at a cost of $11 each on February 1. On February 3, it purchases 21 units at

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A company has beginning inventory of 11 units at a cost of $11 each on February 1. On February 3, it purchases 21 units at $13 each. 14 units are sold on February 5. Using the periodic FIFO inventory method, what is the cost of the 14 units that are sold? Multiple Choice O O $154 $160 O O $175 $164 O O O $165

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