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Blossom Company had a beginning inventory balance on July 1 of 350 units at a cost of $280 each. During the month, the following inventory

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Blossom Company had a beginning inventory balance on July 1 of 350 units at a cost of $280 each. During the month, the following inventory transactions took place: Sales Date July 10 Purchases Cost per Units unit 1.250 $2.90 650 3.10 550 3.30 Date July 2 11 28 Units 250 1.000 350 Price per unit $5.80 27 5.80 6.30 Calculate the cost of goods available for sale and the number of units of ending inventory Cost of goods available for sale Number of units of ending inventory eTextbook and Media List of Accounts Assume Blossom uses FIFO periodic. Calculate the cost of ending inventory.cost of the goods sold, and gross profit Ending inventory Cost of goods sold $ Gross profit e Textbook and Media List of Accounts Assume Blossom uses FIFO perpetual Calculate the cost of ending inventory.cost of soods sold and gross pront. Ending inventory S Cost of goods sold S Gross profit W PLUS Google (1) FIFO periodic Date Account Titles and Explanation July 10 Debit Credit (To record cash purchase.) (To record cash sale.) (2) EIFO perpetual Date Account Titles and Explanation July 10 Debit Credit (To record cash purchase.) July 11 (To record cash sales.) 2:00 AM Ole 9

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