A company's inventory records report the following: August 1Beginning balance15 units @ $12August 5Purchase10 units @ $13August 12Purchase20 units @ $14On August 15, it sold 30 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?
A. $590
B. $210
C. $380
D. $160
E. $140
Answer: B
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Procter & Gamble's brands are advertised in more than 180 countries, with different ad themes in scores of different languages. Overseas divisions are set up like separate companies, with their own advertising departments to coordinate advertising across brands in that division. Procter & Gamble would be a user of
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