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Belden started the year with 1,800 units of inventory with a unit cost of $32....

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Accounting

Belden started the year with 1,800 units of inventory with a unit cost of $32. During the year, it bought 5,400 units at a cost of $33 per unit. A year-end count revealed 900 units on hand.

Compute ending inventory assuming both FIFO and LIFO.

FIFO: $______

LIFO: $______

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