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Smith Retail has the following purchases and sales for the period. Quantity Price Beginning inventory 500 $ 5.71 Purchases Jan 12 600 $ 5.32 Jan

Smith Retail has the following purchases and sales for the period. Quantity Price Beginning inventory 500 $ 5.71 Purchases Jan 12 600 $ 5.32 Jan 26 160 $ 6.14 Sales Jan 18 370 $ 16.00 Jan 30 250 $ 16....

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