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Milo Company had a beginning inventory of 400 units of Product Kimbo at a cost of $8 per unit. During the year, purchases were: Feb.
Milo Company had a beginning inventory of 400 units of Product Kimbo at a cost of $8 per unit. During the year, purchases were: Feb. 20 300 @ $9 Aug. 12 600 @ $11 May 5 500 @ $10 Dec. 8 200 @ $12 Milo Company uses a periodic inventory system. Sales totaled 1,500 units. (a) Determine the cost of goods available for sale. The cost of goods available for sale $
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