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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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