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Perpetual Inventory Using FIFO The following units of a particular item were available for sale during the calendar year: Jan. 1 Inventory 3,900 units at
Perpetual Inventory Using FIFO The following units of a particular item were available for sale during the calendar year: Jan. 1 Inventory 3,900 units at $40 Apr. 19 Sale 2,400 units June 30 4,700 units at $44 Sept. 2 5,000 units Nov. 15 2,100 units at $46 Purchase Sale Purchase
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