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Question 2 RAZR WIRELESS sells a variety of mobile telephone accessories including several brands of Wireless Earbuds Bluetooth Headphones. The earbuds are sold in cases,
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RAZR WIRELESS sells a variety of mobile telephone accessories including several brands of Wireless Earbuds Bluetooth Headphones. The earbuds are sold in cases, with each case containing a pair of earbuds. RAZR began the last quarter October to December of with cases of the TOZO T earbuds at a total cost of $ During the quarter the business completed the following transactions relating to the "TOZO T earbuds:
tableOctober table cases were purchased at a cost of $ each. In addition, the business paid a freightcharge of $ cash on each case to have the inventory shipped from the point of purchaseto their place of business.October tableThe sales for October were cases which yielded total sales revenue of $ ofthese cases were sold on account to three longstanding customersNovember A new batch of cases was purchased at a total cost of $
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