Business, 19.10.2021 14:00 erinkiing

Determine the cost of merchandise sold for the transaction on September 25 using a perpetual inventory system and the First In, First Out (FIFO) method. Date Item Units Cost Total Beg Inventory 5 $5 $25 September 4 Purchase 8 $6 $48 September 8 Sale 6 September 20 Purchase 15 $7 $150 September 25 Sale 12 a. $73. b. $105. c. $77. d. $84.

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Determine the cost of merchandise sold for the transaction on September 25 using a perpetual invento...