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View Policies Current Attempt in Progress Bonita Ltd. uses a periodic inventory system. For June, when the company sold 576 units, the following information is
View Policies Current Attempt in Progress Bonita Ltd. uses a periodic inventory system. For June, when the company sold 576 units, the following information is available. Units Unit Cost Total Cost June 1 inventory 144 6 864 June 15 purchase 576 7 4,032 June 23 purchase 384 9 3,456 1,104 8,352 Compute the June 30 inventory and the June cost of goods sold using the FIFO method. Ending inventory Cost of goods sold
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