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of 1. Neyman Inc. has the following data for purchases and sales of inventory. Date Units Cost per Total Unit Cost Beginning 35 $300 $10,500
of 1. Neyman Inc. has the following data for purchases and sales of inventory. Date Units Cost per Total Unit Cost Beginning 35 $300 $10,500 inventory Purchase 1, Feb. 130 $250 $32,500 24 Sale 1 145 Purchase 2, July 2 295 $225 $66,375 Sale 2 230 All sales were made at a sales price of $450 per unit. Assume that Neyman uses a perpetual inventory system
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