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Just One Product ( JOP ) began operating on June 2 6 with no inventory on hand. It then made the purchases listed below. JOP
Just One Product JOP began operating on June with no inventory on hand. It then made the purchases listed below. JOP sold and
delivered units on June
Required:
Calculate the number and cost of goods available for sale.
Calculate the number of units in ending inventory at June
Calculate the cost of ending inventory and the cost of goods sold under FIFO.
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Calculate the cost of ending inventory and the cost of goods sold under FIFO.
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