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Novak Corp. Inc. had a beginning inventory of 100 units of Product RST at a cost of $9 per unit. During the year, purchases
Novak 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 May 5 585 units at 475 units $10 Aug. 12 405 units at $12 at $11 Dec. 8 95 units at $13 Novak Corp. uses a periodic inventory system. Sales totaled 1,435 units.
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
