A company had the following purchases and sales during its first year of operations: On...
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Accounting
A company had the following purchases and sales during its first year of operations: On December 31, there were 26 units remaining in ending lrventory. Using the periodic FiFO inventory costing method, what is the cost of the ending inventony? (Assume all sales were made on the Last day of the month.) Mutiple Choice $3,540 $3.455
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