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A company has inventory of 31 units at a cost of $21 each on August 1 . On August 5 , it purchased 26 units

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A company has inventory of 31 units at a cost of $21 each on August 1 . On August 5 , it purchased 26 units at $20 per unit On August 12 it purchased 30 units ot $21 per unit. On August 15, it sold 62 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 aner the sale? Multiple Choice $1,425 $545 $525 $1302 $2.175

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