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Business, 27.06.2020 23:01 alexisbrad5256

Melbourne Company uses the perpetual inventory method. Melbourne purchased 1,000 units of inventory that cost $5.75 each. At a later date the company purchased an additional 1,100 units of inventory that cost $6.25 each. If Melbourne uses a LIFO cost flow method, and sells 1,300 units of inventory, the amount of ending inventory appearing on the balance sheet will be:

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Melbourne Company uses the perpetual inventory method. Melbourne purchased 1,000 units of inventory...
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