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Leno uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of February were as follows:
Leno uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of February were as follows:
Purchase Feb.
gizmos @ $ each
Purchase Feb.
gizmos
@ $ each
Purchase Feb.
gizmos @ $ each
In February the company sold units of this product and records inventory using Specific Identification. Of the sold: were from purchase, were from
purchase and were from purchase. Compute ending inventory. GIVE ANSWERS FOR ALL NUMERIC COMPUTATIONS AS A SINGLE TOTAL DOLLAR AMOUNT
WITHOUT USING $ SIGN
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