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The Laurel Corporation starts the year with a beginning inventory of 3 8 0 units at $ 1 3 per unit. The company purchases 5
The Laurel Corporation starts the year with a beginning inventory of units at $ per unit. The company purchases units at $ each in February and units at $ each in October. Laurel sells units during the year. Laurel uses a periodic inventory system and the FIFO inventory costing method. What is the amount of cost of goods sold?
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$
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$
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