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Merritt Company uses the periodic inventory system. Thefollowing May data are for an item in Merritt??s inventory: 1-MayBeginning inventory 150 units @ $30 per unit.

Merritt Company uses the periodic inventory system. Thefollowing May data are for an item in Merrittâ??s inventory: 1-MayBeginning inventory 150 units @ $30 per unit. 12 Purchased 100units @ $35 pe 2 answers

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