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Business, 19.07.2021 19:50 001234567891011

A company purchases 50 units of inventory for $3.50 on January 5 and 35 units for $3.00 on January 25. It sells a total of 65 units on January 31. If the company is following the FIFO method of inventory costing, what is the total cost of the inventory sold?

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A company purchases 50 units of inventory for $3.50 on January 5 and 35 units for $3.00 on January 2...
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