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Section Break The following information applies to the questions displayed below A company reports the following beginning inventory and purchases for the month of January.

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Section Break The following information applies to the questions displayed below A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 440 units. 170 units remain in ending inventory at January 31. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 Units Unit Cost 400 90 120 $3.90 4.10 4.20

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