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Cost of Goods Sold Cost $43 Total 4042 Units 188 $ 94 Inventory Balance Cost $43 43 27 36451 43 2021 47 43 27 1875

Cost of Goods Sold Cost $43 Total 4042 Units 188 $ 94 Inventory Balance Cost $43 43 27 36451 43 2021 47 43 27 1875 75 27 7938 Your answer is partially correct. Marin Supplies Company sells many different widgets and uses a perpetual inventory system. During August 2024, the col beginning inventory, purchases, and sales for widget X as follows: Per unit Date Transaction Units Cost Beginning Inventory 188 $43 Aug 5 Sale 94 10 Purchase 135 $27 55 15 Sale 47 25 Sale 75 Prepare a schedule to determine the cost of goods sold and ending inventory using the FIFO cost formula for the month er 31, 2024.- Date Aug 1 Total 5 Purchases Units Cost Total Units 10 135 $27 3645 15 25 eTextbook and Media Save for Later bia's BusinessFit 3645 Attempts: 2 of 3 used Submit Answer Show All

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