A company had beginning inventory of 8 units at a cost of $11 each on March 1. On March 2, it purchased 11 units at $10 each. On March 6 it purchased 5 units at $13 each. On March 8, it sold 22 units for $56 each. Using the FIFO perpetual inventory method, what was the cost of the 22 units sold?
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A company had beginning inventory of 8 units at a cost of $11 each on March 1. On March 2, it purcha...
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