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Joe Burrow, Inc. engaged in the following inventory transactions this period: Date Purchase Beg 50 Units @$20 cost each 1/10 Sale 40 Units @

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Joe Burrow, Inc. engaged in the following inventory transactions this period: Date Purchase Beg 50 Units @$20 cost each 1/10 Sale 40 Units @ $35 retail each 1/15 35 Units @ $18 cost each 1/20 1/25 20 Units @ $16 cost each 25 Units @ $35 retail each Using a periodic approach, What is Burrow's January cost of goods sold using FIFO? $1,270. O $680. O $800. O $1,150.

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