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A company has beginning inventory of 34 units at a cost of $12.50 each on October 1 On October 5,it purchases 23 units at $13.50
A company has beginning inventory of 34 units at a cost of $12.50 each on October 1 On October 5,it purchases 23 units at $13.50 per unit On October 12 it purchases 33 units at $14.50 per unit. On October 15, it sels 69 units. Using the FIFO periodic inventory method, what is the value of the inventory at October 15 after the sale? Multiple Choice $262.50 $56700 $333 50 Next >
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