Use the following information for the month of July for questions 33-36 ABC Inc. uses the...

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Answer 1

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33
Cost of goods sold for Jul 8 = (2019)+(3020)= $980

34
Cost of goods sold for Jul 9 = (25*20)= $500

35
Cost of goods sold for July = 980+500+(1520)+(2522)= $2330

36
Ending inventory = 25*22= $550

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Answer 2

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