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The records at the end of January of the current year for Young Company showed...

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Accounting

The records at the end of January of the current year for Young Company showed the following for a particular kind of merchandise:
Beginning Inventory at FIFO: 17 Units @ $16= $272
Beginning Inventory at LIFO: 17 Units @ $12=$204
\table[[,Unit],[January Transactions,Units,Cost,Total Cost],[Purchase, January 9,27,$14,$378
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