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Required information The following information applies to the questions displayed below.) Glasgow Enterprises started the period with 80 units in beginning inventory that cost $1.90

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Required information The following information applies to the questions displayed below.) Glasgow Enterprises started the period with 80 units in beginning inventory that cost $1.90 each. During the period, the company purchased inventory items as follows: Purchase No. of Items 400 100 60 Cost $2.40 $2.50 $2.90 Glasgow sold 265 units after purchase 3 for $7.80 each. What is Glasgow's cost of goods sold under FIFO? Multiple Choice O $504 $769

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