Business, 20.12.2019 22:31 zitterkoph

He following units of an inventory item were available for sale during the year: beginning inventory 10 units at $52 first purchase 19 units at $50 second purchase 25 units at $55 third purchase 14 units at $64 the firm uses the periodic inventory system. during the year, 48 units of the item were sold. the value of ending inventory using fifo is
a.$2,176
b.$981
c.$1,746
d.$1,226

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