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A company has inventory of 20 units at a cost of $20 each on June 1. On June 3, it purchased 30 units at $22

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A company has inventory of 20 units at a cost of $20 each on June 1. On June 3, it purchased 30 units at $22 each. 22 units are sold on June 5 . Using the FIFO inventory method, what is the cost of the 22 units that were sold? Multiple Choice $460 $448. $444 $440 $470

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