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Concord Company sells one product. Presented below is information for January for Concord Company. Jan. 1 4 11 13 20 27 Inventory 105 units at
Concord Company sells one product. Presented below is information for January for Concord Company. Jan. 1 4 11 13 20 27 Inventory 105 units at $4 each 83 units at $8 each 162 units at $7 each 132 units at $9 each 160 units at $7 each 97 units at $10 each Sale Purchase Sale Purchase Sale Concord uses the FIFO cost flow assumption. All purchases and sales are on account.
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