A company has inventory of 20 units at a cost of $20 each on June 1. On June 3, they purchased 30 units at $22 each. 22 units are sold on June 5. Using the FIFO periodic inventory method, what is the cost 28 units remaining in ending Inventory after the June 5 sale?
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A company has inventory of 20 units at a cost of $20 each on June 1. On June 3, they purchased 30 un...
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