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Question(s) / Instruction(s):

A company has inventory of 8 units at a cost of $9 each on June 1. On June 3, it purchased 33 units at $13 each. 19 units are sold on June 5. Using the FIFO perpetual inventory method, what is the cost of the 19 units that were sold? a) $143 b) $215 c) $429 d) $225 e) $220

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