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A company has the following purchases and sales during March. Using the FIFO perpetual inventory method, what was the cost of the 2 2 units
A company has the following purchases and sales during March. Using the FIFO perpetual inventory method, what was the cost of the units sold?
Date Activities Units Acquired at Cost Units Sold at Retail
March Beginning inventory units @ $ $
March Purchase units @ $ $
March Purchase units @ $ $
March Sales units @ $
Multiple Choice
$
$
$
$
$
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