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Question 3 2 ABC Company had the following inventory transactions in June. June 1 Beginning Inventory June 3 Purchased June 8 Purchased June 1 5
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ABC Company had the following inventory transactions in June.
June
Beginning Inventory
June
Purchased
June
Purchased
June
Purchased
tableUnitstableCost PerUnit
On June the company sold units for $ each.
Falculate the following assuming the company uses a FIFO Inventory Cost Method.
Cost of Goods Sold
Ending Inventory
Sales Revenue
Gross Profit
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