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Inventory data for Bonita Company are reported as follows. Unit Total Date Explanation Units Cost Cost June 1 Inventory 150 $4 $600 12 Purchase
Inventory data for Bonita Company are reported as follows. Unit Total Date Explanation Units Cost Cost June 1 Inventory 150 $4 $600 12 Purchase 450 5 2,250 23 Purchase 360 6 2,160 30 Inventory 120 Assume a sale of 460 units occurred on June 15 for a selling price of $8 and a sale of 380 units on June 27 for $9.
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th edition
1118096894, 978-1-11921511, 978-1118096895
