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The Boxwood Company sells blankets for $ 3 4 each. The following was taken from the inventory records during May. The company had no beginning
The Boxwood Company sells blankets for $ each. The following was taken from the inventory records during May. The company had no beginning inventory on May
Date Blankets Units Cost
May Purchase
$
Sale
Purchase
$
Sale
Sale
Purchase
$
Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May using the FIFO inventory cost method.
a $
b $
c $
d $
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