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During 2 0 2 4 , a company sells 2 0 0 units of inventory for $ 5 5 each. The company has the following
During a company sells units of inventory for $ each. The company has the following inventory purchase transactions
for :
Actual sales by the company include its entire beginning inventory, units of inventory from the May purchase, and units
from the November purchase. Calculate cost of goods sold and ending inventory for assuming the company uses specific
identification.
Cost of goods sold
Ending inventory
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