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A company's inventory records report the following: Date Activities Units Acquired at Cost Units Sold at Retail August 1 Beginning inventory 15 units @ $12
A company's inventory records report the following: Date Activities Units Acquired at Cost Units Sold at Retail August 1 Beginning inventory 15 units @ $12 = $180 August 5 Purchase 10 units @ $13 = $130 August 12 Purchase 20 units @ $14 = $280 August 15 Sales 30 units sold Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice $140 $160 $210 $380 $590
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