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Use the information in the chart immediately below to answer the following questions. Jan 1 Beg inventory Feb 1 Purchase #1 Mar 1 Purchase

Use the information in the chart immediately below to answer the following questions. Jan 1 Beg inventory Feb 1 Purchase #1 Mar 1 Purchase #2 Goods available for sale 20 units @ $20 per unit 30 units @ $30 per unit = $ 400 900 40 units @ $40 per unit = 90 units 1,600 $2.900

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