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The Coffee & Cream Company's inventory records reflect the following for the month of October 2016: Assuming that Coffee & Cream Company uses the FIFO

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The Coffee \& Cream Company's inventory records reflect the following for the month of October 2016: Assuming that Coffee \& Cream Company uses the FIFO cost flow method in a perpetual inventory system calculate the following: a. Cost of Goods Sold for the month of October 2016 b. Gross Margin for the month of October 2016

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