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Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7

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Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 60 $12 July 28 30 16 On June 1, Sheridan sold 26 units, and on August 27, 44 more units.

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