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The Laurel Corporation starts the year with a beginning inventory of 4 6 0 units at $ 2 1 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 has a periodic
inventory system and uses the FIFO inventory costing method. What
is the amount of cost of goods sold?abcd
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