A company has inventory of 28 units at a cost of 145 each

Reference no: EM13588818

A company has inventory of 28 units at a cost of $14.5 each on June 1. On June 3, they purchased 38 units at $16.5 each. 30 units are sold on June 5. Using the FIFO perpetual inventory method, what is the cost of the 30 units that were sold?

Reference no: EM13588818

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