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Trumpeting Trumpets has the following inventory data: July 1 Beginning inventory 61 units at $146 5 Purchases 366 units at $137 14 14 Sale
Trumpeting Trumpets has the following inventory data: July 1 Beginning inventory 61 units at $146 5 Purchases 366 units at $137 14 14 Sale 244 units 21 Purchases 183 units at $140 30 Sale 171 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a FIFO basis? O $57404 $51119 $27264 O $28347
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