Pharoah Co began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales Purchases Date Units Unit Cost Sales Units July 1 5140 July 11

Pharoah Co began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases

and sales
Purchases
Date
Units
Unit Cost
Sales Units
July
1
5140
July 11
>
$150
July 14
July 21
5161
July 27
(1)

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