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Business, 02.04.2020 21:29 brittanydeanlen

The following units of an inventory item were available for sale during the year:Beginning inventory 10 units at $55First purchase 25 units at $60Second purchase 30 units at $65Third purchase 15 units at $70The firm uses the periodic inventory system. During the year, 60 units of the item were sold. The value of ending inventory using FIFO isa.$1,350b.$1,250c.$1,150d.$1,375 ANSWER

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