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Sandals Company is preparing the annual financial statements dated December 31. Ending inventory is presently...

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Accounting

Sandals Company is preparing the annual financial statements dated December 31. Ending inventory is presently recorded at its total cost of $13,125. Information about its inventory items follows:
\table[[,Quantity,Unit Cost When,Value at],[Product Line,on Hand,Acquired (FIF0),Year-End],[Air Flow,75,$80,$87
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