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Required information [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month

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Required information [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 370 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 1 330 Purchase on January 9 Purchase on January 25 Units Unit Cost $3.20 80 3.40 3.50 110

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