Solution-What was the cost at 25 units sold

What was the cost at 25 units sold

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A company had beginning inventory of 11 units at a cost of $23 each on March 1. On march 2, it purchased 5 units at $28 each. On march 8 it sold 25 units for $71 each. Using the FIFO perpetual inventory method, what was the cost at 25 units sold?

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What was the cost at 25 units sold

Reference no: EM132326367

Reference no: EM132326367

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