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A company uses a periodic inventory system. On August 1 , the company had 6 items of beginning inventory with a cost of $ 7
A company uses a periodic inventory system. On August the company had items of beginning inventory with a cost of $ per unit. On August the company purchased units at $ per unit. Then, on August the company sold units. The units sold consisted of units from the August rd purchase and units from the August st beginning inventory. Using specific identification, the cost of the units sold is
Cost of the units sold
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