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Question 3 Walton Inc. had the following beginning inventory and made the following inventory purchases in June: Not yet answered Points out of 1.00 Beginning
Question 3 Walton Inc. had the following beginning inventory and made the following inventory purchases in June: Not yet answered Points out of 1.00 Beginning inventory: 150 units at $5.00 per unit = $750 Purchase on June 10: 200 units at $6.00 per unit = $1,200 Purchase on June 15: 200 units at $6.30 per unit = $1,260 Purchase on June 28: 150 units at $6.60 per unit = $990 P Flag question During June, the business sold 400 units, leaving 300 units on hand. Using the First-in-first-out (FIFO) inventory method, the amount reported for Cost of Goods Sold on June 30 is: Select one: o $2,550 o $1,935 $1,650 $1,800 o $2,265
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