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Glasgow Enterprises started the period with 60 units in beginning inventory that cost $2.50 each. During the period, the company purchased inventory items as follows.

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Glasgow Enterprises started the period with 60 units in beginning inventory that cost $2.50 each. During the period, the company purchased inventory items as follows. Glasgow sold 345 units after purchase 3 for $10.80 each. Purchase No. of Items Cost $3.00 $3.10 $3.50 320 140 50 Glasgow's cost of goods sold under FIFO would be: Multiple Choice o $863. $1208 $1,090

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