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A company reports the following beginning inventory and two purchases for the month of January. On January 2 6 , the company sells 2 9

A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 290 units. Ending inventory at January 31 totals 130 units.
\table[[,Units,Unit Cost],[Beginning inventory on January 1,260,$2.40
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