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The James Company had the following transactions: June 1 Beginning Inventory 500 units at $15.00 per unit June 5 th Purchase 300 Units at $20.00
The James Company had the following transactions:
June 1 Beginning Inventory 500 units at $15.00 per unit
June 5th Purchase 300 Units at $20.00 per unit
June 10th Purchase 250 units at $25.00 per unit
Sold 400 units.
Using the three different methods calculate the cost of goods sold and the ending inventory.
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