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Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of

Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual inventory system. Assume Oahu Kikis records show the following for the month of January. The company sold 330 units between January 16 and 23.
Date Units Unit Cost Total Cost
Beginning Inventory January 1180 $ 75 $ 13,500
Purchase January 154208535,700
Purchase January 2432010533,600

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