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The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 2-May Purchase 3-May Purchase 10-May Sale 15-May
The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 2-May Purchase 3-May Purchase 10-May Sale 15-May Purchase 17-May Sale 30-May Sale 16 $1,200 75 60 11 $660 14 $1,190 85 105 $30 30 18 $540 40 $30 100 $30 Calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the nth under FIFO. End of the month totals Cost of Goods Sold $ Ending Inventory $ dross Profit Get help: Video Points possible: 15 Unlimited attermpts. Score on last attempt 0. Score in gradebook: 0 Submit
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