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Grays Company has inventory of 20 units at a cost of $8 each on August 1. On August 3, it purchased 30 units at $10

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Grays Company has inventory of 20 units at a cost of $8 each on August 1. On August 3, it purchased 30 units at $10 each. 22 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported in cost of goods sold for the 22 units that were sold? Multiple Choice 3:10 $140. $180. $184. $186 Naud

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