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Beginning inventory, purchase and sales are as follows March 1 inventory 450 units at $7 March 9 sale 390 units March 13 purchase 410 units

Beginning inventory, purchase and sales are as follows March 1 inventory 450 units at $7 March 9 sale 390 units March 13 purchase 410 units at $8 March 25 sale 340 Using the FIFO method determine cost of merchandise sold on March 25 and inventory on March 31

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