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Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item PK 9 5 are as follows: table [ [ January 1 , Inventory,

Perpetual Inventory Using FIFO
Beginning inventory, purchases, and sales for Item PK95 are as follows:
\table[[January 1,Inventory,63 units @ $18],[9,Sale,43 units],[13,Purchase,41 units @ $20],[25,Sale,28 units]]
a. Cost of merchandise sold on January 25,$
b. Inventory on January 31
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