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1 5 0 0 @$ 2 . 3 0 1 0 0 0 @$ 2 . 3 2 9 8 5 @$ 2 . 3

1500

2.30 1000

2.32 985

2.35

Compute the cost of the inventory shown in Exam Figure B using the FIFO and the LIFO methods of inventory.

What is the ending inventory value for the cases using LIFO?

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