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Rusthe Inc. uses a periodic inventory system. Its records show the following for the month of October, in which 395 units were sold. All
Rusthe Inc. uses a periodic inventory system. Its records show the following for the month of October, in which 395 units were sold. All the units sold were at a price of $22 per unit Date and Explanation Units Unit Cost October 1 Inventory 120 $10 October 7 Purchase 150 $13 October 15 Purchase 150 $14 October 24 Purchase 225 $18 4
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