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Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in 2 0
Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in as follows:
Jan. Beginning inventory units @ $ $
Jan. Sold units @ $
Mar. Purchased units @ $
Mar. Sold units @ $
July Purchased units @ $
Oct. Purchased units @ $
Oct. Sold units @ $
Assume that Car Armour specifically sold the following units:
Jan. : units from beginning inventory
Mar. : units from beginning inventory, and
units from the March purchase
Oct. : units from the July purchase, and
units from the October purchase
Calculate cost to be assigned to ending inventory and cost of goods sold.
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