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[ I he following intormation applies to the questions displayed below. ] A company began January with 7 , 0 0 0 units of its

[I he following intormation applies to the questions displayed below.]
A company began January with 7,000 units of its principal product. The cost of each unit is $8. Inventory transactions for the month of January are as follows:
\table[[Date of Purchase,Purchases],[,Units,Unit Cost*,Total Cost],[January 10,4,000,$9,$36,000
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