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Inventory records for Capetown, Incorporated revealed the fo…
Inventory records for Capetown, Incorporated revealed the following: Date Transaction Number of Units Unit Cost April 1 Beginning Inventory 500 $ 2.40 April 20 Purchase 400 2.50 Capetown sold 700 units of inventory during the month. Ending inventory assuming FIFO would be:
Inventory records for Capetown, Incorporated revealed the fo…