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The following information pertains to Mason Company for Year 2 . Beginning inventory 1 5 6 units @ $ 5 0 Units purchased 4 3

The following information pertains to Mason Company for Year 2.
Beginning inventory 156 units @ $50
Units purchased 438 units @ $75
Ending inventory consisted of 62 units. Mason sold 532 units at $150 each. All purchases and sales were made with cash. Operating expenses amounted to $4,125.

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