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Anton Company uses the perpetual inventory method. Anton purchased 800 units of inventory that cost $5 each. At a later date the company purchased an
Anton Company uses the perpetual inventory method. Anton purchased 800 units of inventory that cost $5 each. At a later date the company purchased an additional 900 units of inventory that cost $7 each. If Anton uses the FIFO cost flow method and sells 1,200 units of inventory, the amount of cost of goods sold will be Multiple Choice $8,400. $6,000. $8,300. $6,800
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