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Business, 18.03.2021 01:40 whyidkmyself

A company purchased 500 units for $30 each on January 31. It purchased 550 units for $33 each on February 28. It sold a total of 650 units for $40 each from March 1 through December 31. What is the cost of ending inventory on December 31 if the company uses the first−​in, first−out ​(FIFO) inventory costing​ method? (Assume that the company uses a perpetual inventory​ system.)

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A company purchased 500 units for $30 each on January 31. It purchased 550 units for $33 each on Feb...
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