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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made...

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Accounting

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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition) 43 units at $91 . 71 units at $79 170 units at $53 Sales for the year totaled 273 units, leaving 11 units on hand at the end of the year. Ending inventory using the FIFO method is: Multiple Choice O O O

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