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The following data apply to the next three questions. Units Cost/ Price 200 $1.20 Beginning inventory First purchase Second purchase 400 250 $1.30 $1.40 I

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The following data apply to the next three questions. Units Cost/ Price 200 $1.20 Beginning inventory First purchase Second purchase 400 250 $1.30 $1.40 I 550 Sales $2.00 The following data apply to the next three questions. Units Cost/ Price 200 $1.20 Beginning inventory First purchase Second purchase 400 250 $1.30 $1.40 I 550 Sales $2.00

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