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The periodic inventory records of Saxton Prosthetics indicate the following for the month of July: ( Click the icon to view the inventory records. )
The periodic inventory records of Saxton Prosthetics indicate the following for the month of July:
Click the icon to view the inventory records.
At July Saxton counts ten units of inventory on hand.
Compute ending merchandise inventory and cost of goods sold for Saxton using the FIFO inventory costing method.
FIFO Cost
Data table
Ending Merchandise Inventory
Cost of Goods Sold
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