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Ehrhart Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was3sets at $600each. On January 10, Ehrhart purchased6units at

Ehrhart Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was3sets at $600each. On January 10, Ehrhart purchased6units at $660each. The company sold2units on January 8 and5units on January 15.

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