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these inventory transactions: (Click the icon to view the inventory transactions.) Read the requirements. Requirements 1. The data are taken from the store's perpetual inventory
these inventory transactions: (Click the icon to view the inventory transactions.) Read the requirements. Requirements 1. The data are taken from the store's perpetual inventory records. Which cost method does the store use? Explain how you arrived at your answer. 2. Determine the store's cost of goods sold for January. Also compute gross profit for January. 3. What is the cost of the store's January 31 inventory of running shoes
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