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Current Attempt in Progress The following information relates to Ayayai Back Falls Ltd's inventory transactions during the month of February. All of the units sold

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Current Attempt in Progress The following information relates to Ayayai Back Falls Ltd's inventory transactions during the month of February. All of the units sold were priced at $87.00 per unit. Ayayai Back Falls Ltd. uses the perpetual inventory system. Calculate Ayayai Back's cost of goods sold, gross margin, and ending inventory for the month of February using FIFO. Cost of goods sold Gross margin Ending inventory

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