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ME SCHOOL 6,8,9 Saved A company's inventory records report the following: Units Sold at Retail Date Aug. 1 Aug. 5 Aug. 12 Aug. 15 Activities
ME SCHOOL 6,8,9 Saved A company's inventory records report the following: Units Sold at Retail Date Aug. 1 Aug. 5 Aug. 12 Aug. 15 Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost 15 units @ $36 $540 10 units @ $37 $370 20 units @ $38 = $ 760 . 30 units sold Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice $1,100 $280 $1670 $380 5570
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