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The inventory records for Radford Co. reflected the following: Beginning inventory May 1 100 units @ $4.00 First purchase @May 7 300 units @ $4,40

The inventory records for Radford Co. reflected the following: Beginning inventory May 1 100 units @ $4.00 First purchase @May 7 300 units @ $4,40 Second purchase @May 17 500 units @ $4.60 Third purchase @May 23 100 units @$4.80 Sales May 31 900 units @$7.80

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