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Question - The Accessories Outlet sells various models of designer handbags. The following information relates to a special category of Coach purses.
Date
Transaction
Quantity
Price/Cost
Jan 1
Beginning inventory
650
$51
Apr 4
Purchase
700
$55
May 20
Sale
1,025
$110
June 2
1,850
$66
July 4
1,300
$115
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