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FAD Company uses a periodic inventory system and its inventory records for the period contain the following information: Beginning inventory ( 7 5 units a

FAD Company uses a periodic inventory system and its inventory records for the period contain the following information:
Beginning inventory (75 units a $50/unit) Purchases (150 units & $50/unit)
Ending inventory (125 units & $50/unit)
What is the amount of cost of goods sold that would be recorded as part of the end-of-period adjustment?
$6,250
$11,250
$5,000
$7,500
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