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EcoMart Company uses a Perpetual FIFO inventory system and has the following purchases and sales: Jan 1 - 1150 units purchased at $9 per unit

EcoMart Company uses a Perpetual FIFO inventory system and has the following purchases and sales:

Jan 1 - 1150 units purchased at $9 per unit

Jan $17 - 120 units were sold

Jan 20 - 160 units were purchased at $11 per unit

Jan 29 - 150 units were sold

What is the value of cost of goods sold?

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