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Anton Co. uses the perpetual inventory method. Anton purchased 560 units of inventory that cost $6 each. At a later date the company purchased an
Anton Co. uses the perpetual inventory method. Anton purchased 560 units of inventory that cost $6 each. At a later date the company purchased an additional 720 units of inventory that cost $8 each. If Anton uses the FIFO cost flow method and sells 900 units of inventory, the amount of cost of goods sold will be: Multiple Choice $7200 $5.400 $7080 36,080
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