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ABC Corporation uses the perpetual inventory system and had the following inventory transactions during the month of March: March 1 : Beginning inventory of 5
ABC Corporation uses the perpetual inventory system and had the following inventory transactions during the month of March:
March : Beginning inventory of units at $ each.
March : Purchased units at $ each.
March : Sold units at $ each.
March : Purchased units at $ each.
March : Sold units at $ each.
March : Purchased units at $ each.
March : Sold units at $ each.
ABC Corporation uses the FirstIn FirstOut FIFO method. Calculate the following:
The cost of goods sold COGS for March.
The ending inventory as of March
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