A company has inventory of 15 units at a cost of 11 each on

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A company has inventory of 15 units at a cost of $11 each on August 1. On August 5, they purchased 11 units at $14 each. On August 15, they sold 20 units. Using the FIFO perpetual inventory method, what is the cost of the 20 units that were sold?

Reference no: EM13577799

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