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Business, 21.04.2020 21:42 Victor3756

Olympus Climbers Company has the following inventory data:
July 1 Beginning inventory - 30 units at $19 - $ 570
7 Purchases - 105 units at $20 - 2,100
22 Purchases - 15 units at $22 - 330
Total - $3,000
A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is .
A) $930.
B) $990.
C) $2,010.
D) $2,070.

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Olympus Climbers Company has the following inventory data:
July 1 Beginning inventory - 30 un...
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