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The following information pertains to Mason Company for Year 2. Beginning inventory 160 units @ $52 Units purchased 446 units @ $78 Ending inventory consisted

The following information pertains to Mason Company for Year 2. Beginning inventory 160 units @ $52 Units purchased 446 units @ $78 Ending inventory consisted of 64 units. Mason sold 542 units at $156 each. All purchases and sales were made with cash. Operating expenses amounted to $4,200

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