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Crane Novelty had a beginning inventory balance on July 1 of 3 6 0 units at a cost of $ 2 . 8 0 each.

Crane Novelty had a beginning inventory balance on July 1 of 360 units at a cost of $2.80 each. During the month, the following inventory transactions took place:
\table[[,Purchases,,Sales],[Date,Units,Cost per unit,,Date,Units,Price per unit],[July 10,1,310,$2.90,,July 2,280,$6.20
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