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Assume that Cullumber Company has the following transactions in its first month of operations. Date Feb. 1 Feb. 10 Feb. 21 Feb. 28 Purchases 1,800

Assume that Cullumber Company has the following transactions in its first month of operations. Date Feb. 1 Feb. 10 Feb. 21 Feb. 28 Purchases 1,800 @ $3.80 6,200 @ $4.25 Sold 4.400 units 2.000 @ $4.65 Balance 1,800 units 8.000 units 3.600 units 5,600 units

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