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Determine the companys cost of ending inventory. ...

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Accounting

Determine the companys cost of ending inventory.
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Ornamental Iron Works, which uses the FIFO method, began August with 50 units of iron nventory that cost $40 each. During August, the company completed these inventory transactions: Units 40 80 Unit Sale Price $70 Unit Cost 8 Purchas $44 75 10 48 perpetual inventory

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