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VIEWON Your answer has been saved. See score details after the due date. A company just starting business made the following four inventory purchases in
VIEWON Your answer has been saved. See score details after the due date. A company just starting business made the following four inventory purchases in June Date June 1 June 10 June 15 June 28 Number of units purchased 100 units 250 units 250 units 100 units Total cost $ 400 570 680 500 $2150 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the FIFO inventory method the amount allocated to cost of goods sold for June is $772 $628. $1378 O $1377 Attempts: 1 of 1 used Question 4 of 10
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