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The inventory records for Radford Co. reflected the following Beginning inventory on May 1 500 units @ $2.60 First purchase on May 7 600 units

The inventory records for Radford Co. reflected the following

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Beginning inventory on May 1 500 units @ $2.60 First purchase on May 7 600 units @ $2.80 Second purchase on May 17 800 units @ $2.90 Third purchase on May 23 400 units @ $3.00 Sale on May 31 1, 800 units @ $4.50

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