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A company purchased merchandise to be resold, By using the FIFO method answer the questions (1-4) Description Units Cost per unit Total cost Beginning inventory
A company purchased merchandise to be resold, By using the FIFO method answer the questions (1-4) Description Units Cost per unit Total cost Beginning inventory 25 14 $ 350 $ Purcbase 15 15$ 225$ Purchase 28 10 $ 280 S 1- The total units equal .68... 2-the cost of goods available for sale equal......855 S.... 3- The cost of goods sold of (50 units ) equal....... 4- the Ending inventory cost of ( 28 units) equal
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