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Red Company made the following transactions. The company uses the FIFO costing method. On April 1, the company's beginning inventory was 15 units for a
Red Company made the following transactions. The company uses the FIFO costing method. On April 1, the company's beginning inventory was 15 units for a total cost of $270 On April 6, the company purchased 30 units for $450. On April 9, the company sold 25 units for $25 per unit. On April 14, the company purchased 12 units for a total cost of $144. What is the unit cost of the items purchased on April 6th $ What is the total cost of inventory after the April 6th purchase? $ What is the total number units in inventory after the April 6th purchase? What is the total cost of inventory after the April 14th transaction? $ What is the total number of units in inventory after the April 14th transaction? units What is the profit earned per unit for the items sold on April gth? $
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