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21. Storme Shutters has the following inventory information. Nov. 1 Inventory 30 units @ $8.00 8 Purchase 120 units @ $8.30 1
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Answer #1

Answer c. $1862

Calculated as

Cost of goods sold = 10 x $ 8 +100 x $8.30+40 x $8.40+70 x $8.80 = $80+$830+$336+$616 = $1862

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