The Curtis Company's inventory records reflects the following for the month of October Year 2: 
Assuming that Curtis Company uses the FIFO cost flow method in a perpetual inventory system. Required:(a) Calculate the cost of goods sold for the month ending October 31, Year 2(b) Calculate the ending inventory at October 31, Year 2. (c) Prepare the journal entry for the sale of inventory on October 31, Year 2.
What will be an ideal response?
(a) $43,800
(b) $2,610
(c)
(a)
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