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Beginning inventory, purchases and sales data for hammers are as follows:
Assuming the business maintains a perpetual inventory system, complete the inventory cards and calculate the cost of merchandise sold and ending inventory under the following assumptions:
a. First-in, first-out
b. Last-in, first-out
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Prospective Buyers
Individuals or entities that are considered potential customers for a product or service, often targeted in marketing efforts.
Target Audience
A specific group of people identified as the intended recipients of a product, service, or marketing message.
Source
The origin or place from which something comes, is obtained, or is derived.
Encoder
A device or program that converts information from one format or code to another, often used for data encoding or signal processing.
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