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View Policies Current Attempt in Progress Swifty Limited uses a perpetual inventory system. The inventory records show the following data for its first month of
View Policies Current Attempt in Progress Swifty Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Date Explanation Units Unit Cost Total Cost Balance in Units Aug 2 Purchases 249 $67 $16,683 249 3 Purchases 515 102 52,530 764 10 135 10 Sales (274) 490 15 Purchases 859 119 102,221 1,349 25 Sales (330) 1,019 (a) of goods sold and ending inventory using the FIFO cost method. (a) Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold $ Ending inventory $ eTextbook and Media Save for Later Assistance Used Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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