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The following chart provides purchases and sales of inventory. Below is the Inventory activity for your company # of Units Un

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Answer #1

Chart

Date # of units Unit Cost Total Cost
Jan 2nd Beginning inventory 60 10 600
Jan 5 Purchase 90 11 990
Jan 10 Sale inventory 130

Units available for sale = 60+90 = 150 Units

Cost of goods available for sale = 600+990 = 1590

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