Acompany has beginning inventory of 10 units at a cost of $10 each on february 1. on february 3, it purchases 20 units at $12 each. 12 units are sold on february 5. using the fifo periodic inventory method, what is the cost of the 12 units that are sold?
a) $120
b) $124
c) $128
d) $130
e )$140
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Acompany has beginning inventory of 10 units at a cost of $10 each on february 1. on february 3, it...
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