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Business, 17.04.2020 01:55 jordonlewis

Delta Diamonds had 5 diamonds available for sale this year: 1 purchased June 1 for $500, 2 purchased July 9 for $550 each, and 2 purchased September 23 for $600 each. On December 24, it sold 1 of the diamonds. Using FIFO, its Cost of Goods Sold for the year ended is .

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Delta Diamonds had 5 diamonds available for sale this year: 1 purchased June 1 for $500, 2 purchased...
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