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ABC Company has a beginning inventory of 600 units...

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Accounting

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ABC Company has a beginning inventory of 600 units at $9 per unit. The following purchases are made during the year 2020: Units Per Unit March 1 400 $ 11 June 10 600 12 October 25 300 14 December 14 500 15 Total 1,800 Ending inventory on December 31 is 550 units. The inventory turnover in times per year under the LIFO method is

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