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The following hammers were available for sale during the year for Herbold Tools: Beginning inventory 10 units at $120 First purchase 15 units at
The following hammers were available for sale during the year for Herbold Tools: Beginning inventory 10 units at $120 First purchase 15 units at $150 Second purchase 30 units at $180 Third purchase 20 units at $195 Herbold has 25 hammers on hand at the end of the year. What is the dollar amount of cost of goods sold for the year according to the first-in, first-out me
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