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Determine the cost of inventory on hand at march

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Ayayai Company sells two types of pumps. One is large and is for commercial use. The other is smaller and is used in residential swimming pools. The following inventory data is available for the month of March.

Problem 1: Assuming Ayayai uses a periodic inventory system, determine the cost of inventory on hand at March 31 and the cost of goods sold for March under first-in, first-out (FIFO).

Reference no: EM132826739

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