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What amount will be reported as cost of goods sold

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Question - Grays Company has inventory of 26 units at a cost of $7 each on August 1. On August 3, it purchased 36 units at $12 each. 28 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 28 units that were sold?

Reference no: EM133056357

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