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QUESTION 3 Answer the question below using the following information: Davis provides the following information for the month
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Answer #1
Units Available for Sale = 200+ 300 + 400 + 100 = 1000
Units Sold = 1000 -180 Unsold = 820
Units in Ending Inventory = 180 = 180
Cost of Goods Sold Units Unit Cost Total
Sales From Mar 1 Inventory 200 $15.00 $3000
Sales From Mar 5 Purchase 300 $16.00 $4,800
Sales From Mar 11 Purchase 320 $18.00 $5,760
820 $13,560
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