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Business, 25.03.2020 06:34 Jaaaack

A company has beginning inventory of 40 units at a cost of $12.50 each on October 1. On October 5, it purchases 26 units at $13.50 per unit. On October 12 it purchases 36 units at $14.50 per unit. On October 15, it sells 78 units. Using the FIFO periodic inventory method, what is the value of the inventory at October 15 after the sale?

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A company has beginning inventory of 40 units at a cost of $12.50 each on October 1. On October 5, i...
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