Logan Company uses a perpetual inventory system on a FIFO basis. Assuming inventory on January 1 was 1,160 units at $7.7...

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Logan Company uses a perpetual inventory system on a FIFO basis. Assuming inventory on January 1 was 1,160 units at $7.70 each.


ReceivedSold
DateQuantityCost per unitDateQuantity
Apr. 15190$4.70 Mar. 8590
Nov. 121,8708.70 Oct. 5290










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