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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 PK are as follows:
tableJanuary Inventory, units @ $Sale, unitsPurchase, units @ $Sale, units
a Cost of merchandise sold on January $
b Inventory on January
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