1. The Funny Company just starting business (they had no beginning inventory) and made the...
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Accounting
1. The Funny Company just starting business (they had no beginning inventory) and made the following four invento # of Units Purchased 150 # of Units Sold Unit Purchase Cost $390 1 6 10 150 200 585 June June June June June June June 150 200 630 14 15 16 28 150 150 700 510 $2.115 450 A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the LIFO inventory the value of the ending inventory on June 30 is
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