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A company had the following purchases and sales during its first year of operations Purchases Sales January: 10 units at $120 6 units February: 20

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A company had the following purchases and sales during its first year of operations Purchases Sales January: 10 units at $120 6 units February: 20 units at $125 5 units May: 15 units at $130 9 units Septenber: 12 units at $135 8 units November: 10 units at $140 13 units On December 31, there were 26 units remaining in ending inventory. Using the perpetuo inventory costing method, what is the cost of the ending inventory? Assume al sales were made on the last day of the month) Multiple Choice $3.200 O $3.540 53.270 $32365 O $1.405

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