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provide a simple format report using the FIFO periodic and perpetual inventory method. purchases date units cost per unit jan 1 400 $3.00 jan 10

provide a simple format report using the FIFO periodic and perpetual inventory method.

purchases

date units cost per unit

jan 1 400 $3.00

jan 10 1300 3.10

feb 13 700 3.40

feb 27 600 3.75

sales

date units cost per unit

jan 2 300 $6.00

jan 11 1000 $6.00

feb 28 400 $6.50

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