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Oriole Novelty had a beginning inventory balance on July 1 of 360 units at a cost of $3.20 each. During the month, the following inventory

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Oriole Novelty had a beginning inventory balance on July 1 of 360 units at a cost of $3.20 each. During the month, the following inventory transactions took place: Assume Oriole uses FIFO periodic. Calculate the cost of ending inventory, cost of goods sold, and gross profit. Ending inventory $ Cost of goods sold $ Gross profit $

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