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Lopez Company reported the following current - year data for its only product. The company uses a periodic inventory system, and its ending inventory consists

Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 600 units-200 from each of the last three purchases.
\table[[January 1,Beginning inventory,300 units,(c) $6.00,E,$1,800
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