Refer to the information in QS 6-6. Recall that 345 units were sold on January 28. The
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Refer to the information in QS 6-6. Recall that 345 units were sold on January 28. The units specifically sold were:
• 250 units from beginning inventory
• 50 units from the January 9 purchase
• 45 units from the purchase on January 25.
Calculate cost of goods sold and the cost of ending inventory.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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