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Grays Company has the following purchases and sales during the month of August. Using the FIFO perpetual inventory method, what amount will be eported as

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Grays Company has the following purchases and sales during the month of August. Using the FIFO perpetual inventory method, what amount will be eported as cost of goods sold for the 12 units that were sold? Multiple Choice $304. $316. $280. $306. \$332

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