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TB MC Qu. 05-121 A companys inventory... A company's inventory records report the following: August 1 August 5 August 12 Beginning balance Purchase Purchase 24

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TB MC Qu. 05-121 A companys inventory... A company's inventory records report the following: August 1 August 5 August 12 Beginning balance Purchase Purchase 24 units @ $14 19 units @ $13 23 units @ $14 On August 15, It sold 48 units. Using the FIFO perpetual inventory method, what is the value of the August 15 after the sale? Multiple Choice $672 C $672 $272 O $774 $1,188 $252

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