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During January, a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows: 17 Cost per unit 12 Jan 5

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During January, a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows: 17 Cost per unit 12 Jan 5 10 8 01:37:20 Units 100 501 70 25 Begin Inventory Salel Purchase Sale Sale 16 15 25 35 Prepare a schedule to show the cost of goods sold and ending inventory using the FIFO cost flow assumption

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