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Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for portable DVD players are as follows: June 1 Inventory 51 units @ $59 6

Perpetual Inventory Using FIFO

Beginning inventory, purchases, and sales data for portable DVD players are as follows:

June 1 Inventory 51 units @ $59
6 Sale 43 units
14 Purchase 23 units @ $63
19 Sale 16 units
25 Sale 7 units
30 Purchase

38 units @ $67

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