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Question 17 (5 points) Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019:

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Question 17 (5 points) Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 150 $11 5/5 Purchase 150 $13 5/15 Purchase 320 $15 5/25 Purchase 460 $17 Sales were 500 units at $25. Using the FIFO method, determine the dollar value of Cost of Goods Sold for the month of May. Your

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