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Concord Corporation uses a perpetual inventory system. On November 19, the company sold 630 units. The following additional information is available: Unit Total Units

Concord Corporation uses a perpetual inventory system. On November 19, the company sold 630 units. The following additional information is available: Unit Total Units Cost Cost Nov. 1 inventory 300 $12 $3,600 Nov. 15 purchase 470 16 7,520 Nov. 23 purchase 350 18 6,300 1,120 $17,420

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