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A company purchased 300 units for $30 each on January 31. It purchased 330 units for $33 each on February 28. It sold a total

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A company purchased 300 units for $30 each on January 31. It purchased 330 units for $33 each on February 28. It sold a total of 460 units for $45 each from March 1 through December 31. What is the cost of ending inventory on December 31 if the company uses the first - in, first-out (FIFO) inventory costing method? (Assume that the company uses a perpetual inventory system.) O A. $5,610 OB. $3,180 OC. $1,920 OD. $5,100 The beginning balance in the Common Stock account of Woodlands Technologies, Inc. was $80,000. The revenues and expenses amounted to $55,000 and $41,000, respectively. During the year, the company did not declare any dividends or issue common stock. The Common Stock account will have $135,000 at the end of the year. O True O False

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