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3. Wholesaler Entity (Wholesaler) is a supplier for many retail companies. Wholesaler uses a perpetual
inventory system and the FIFO cost formula. The table below represents all inventory-related
transactions for a certain product during the month of January. Assuming Wholesaler had 300 units in
beginning inventory with a total cost of $1,500. Calculate the value of ending inventory and cost of
goods sold for January. (5 points) -E_—__
_-—__
—-—__ —___
—___

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