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11. Kappa uses the FIFO assumption and the perpetual inventory method, The following data are available: Date Units Unit Cost Total Cost Beginning Inventory Aug

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11. Kappa uses the FIFO assumption and the perpetual inventory method, The following data are available: Date Units Unit Cost Total Cost Beginning Inventory Aug 10 $100 Purchase Sept 5 10 $12 $120 Purchase Oct 15 59 $72 Sales during year Sept19 14 The value of ending inventory would be: 598 $120 Inventny with the weeknd hymn method of costs

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