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A company has inventory of 15 units at a cost of $10 each on August 1. On August 5, it purchased 10 units at $13
A company has inventory of 15 units at a cost of $10 each on August 1. On August 5, it purchased 10 units at $13 per unit. On August 12 it purchased 20 units at $14 per unit. On August 15, it sold 30 units. Using the FIFO periodic inventory method, what is the value of the the cost of goods available for sale?
Select one:
a. $380.
b. $590.
c. $560.
d. $410
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