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A company's inventory records report the following: table [ [ July 1 , Purchase, 3 0 0 units@ $ 5 ] , [ July
A company's inventory records report the following:
tableJuly Purchase,units@ $July Purchase, units@$July Purchase,units@ $
On July it sold units.
Based on the information provided in question number and using the FIFO perpetual inventory method, the correct balance for ending inventory on July is:
$
$
$
$
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