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Vargas Company uses the perpetual inventory system and the FIFO cost flow method. During the current year, Vargas purchased 4 0 0 units of inventory
Vargas Company uses the perpetual inventory system and the FIFO cost flow method. During the current year, Vargas purchased units of inventory that cost $ each. At a later date during the year, the company purchased an additional units of inventory that cost $ each. Vargas sold units of inventory for $ What is the amount of cost of goods sold that will appear on the current year's income statement?
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$
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$
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