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Assume the following information: April 1 Inventory 3 units at cost of $16 April 10 purchase 5 units at cost of $16 April 12

Assume the following information: April 1 Inventory 3 units at cost of $16 April 10 purchase 5 units at cost of $16 April 12 sale 6 units Using the perpetual inventory system, what is the amount of cost of goods sold? A. $128 B. $16 C. $96

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