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The following information was available from the inventory records of Rich Company for January: Units Unit Cost Total Cost Balance at January 1 3,000 $9.77

The following information was available from the inventory records of Rich Company for January:

Units Unit Cost Total Cost Balance at January 1 3,000 $9.77 $29,310 Purchases: January 6 2,000 10.30 20,600 January 26 2,700 10.71 28,917 Sales January 7 (2,500 ) January 31 (3,700 ) Balance at January 31 1,500

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