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June CorpSells One Product and Uses a Perpetual Inventory System

Question 107

Multiple Choice

June Corp.sells one product and uses a perpetual inventory system.The beginning inventory consisted of 10 units that cost $20 per unit.During the current month, the company purchased 60 units at $20 each.Sales during the month totaled 45 units for $43 each.What is the number of units in the ending inventory?


A) 10 units.
B) 15 units.
C) 25 units.
D) 70 units.

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