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The following is a record of Blossom Company's transactions for the month of May 2022 May 1 May 10 Sale 240 units @ $38 Balance

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The following is a record of Blossom Company's transactions for the month of May 2022 May 1 May 10 Sale 240 units @ $38 Balance 320 units @ $20 Purchase 480 units @ $25 12 20 Sale 430 units @ $38 * Your answer is incorrect. Compute the ending inventory under the perpetual system using FIFO

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