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Monty Corp. Inc. had a beginning inventory of 100 units of Product RST at a cost of $9 per unit. During the year, purchases
Monty Corp. Inc. had a beginning inventory of 100 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 201 585 units at $10 Aug. 12 395 units HP at $12 May 5. 480 units at $11 Dec. 8 100 units HO at $13 Monty Corp. uses a periodic inventory system. Sales totaled 1,445 units.
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
