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Question 1 A company just starting business made the following four inventory purchases in June: Date une 1 lune 10 lune 15 lune 28 Number
Question 1 A company just starting business made the following four inventory purchases in June: Date une 1 lune 10 lune 15 lune 28 Number of Units Purchased 200 units 220 units 220 units 170 units Total Cost 350 570 600 500 $2020 A physical count of merchandise inventory on June 30 reveals that there are 310 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is $635 $800 O $1969 $1220 lick if you would like to Show Work for this question: LTNK TO TEXT
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