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Online Ch 5-66 Help Save & Exit Sub Anton Co. uses the perpetual inventory method. Anton purchased 1,000 units of inventory that cost $8 each.
Online Ch 5-66 Help Save & Exit Sub Anton Co. uses the perpetual inventory method. Anton purchased 1,000 units of inventory that cost $8 each. At a later date the company purchased an additional 1,050 units of inventory that cost $10 each. If Anton uses the FIFO cost flow method and sells 1450 units of inventory, the amount of cost of goods sold will be Multiple Choice $14,500 $14,900 $12,500 $11,600 Prev 13 of 3SNext > 5 N M
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