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32 Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition):
32 Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): 8 00:44:46 43 units at $91 per unit . 72 units at $88 per unit 175 units at $55 per unit Sales for the year totaled 273 units, leaving 17 units on hand at the end of the year. Ending inventory using the FIFO method is: Multiple Choice $935. O $1,165 $985. O $1,547
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