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Business, 29.10.2019 19:31 priscillaoliver5214
Strodse company reported the following purchases and sales of its only product. strods uses a perpetual inventory system. determine the cost assigned to cost of goods sold using fifo. date activities units acquired at cost units sold at retail may 1 beginning inventory 250 units @ $10 5 purchase 270 units @ $12 10 sales 190 units @ $20 15 purchase 150 units @ $13 24 sales 140 units @ $21 multiple choice: a) $3,590 b) $7,690 c) $3,460 d) $4,230 e) $4,100.
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