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The following is a record of Wildhorse Company's transactions for the month of May 2022. May 1 May 10 Balance 408 units @ $20 Purchase

The following is a record of Wildhorse Company's transactions for the month of May 2022. May 1 May 10 Balance 408 units @ $20 Purchase 600 units @ $25 Sale 300 units @ $38 Sale 530 units @ $38 12 20 (a) Compute the ending inventory under the perpetual system using FIFO

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