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A company has opening inventory of 100 units costing $8 each During the year the following transactions were made Purchase 30 units @ $10 per

A company has opening inventory of 100 units costing $8 each

During the year the following transactions were made

Purchase 30 units @ $10 per unit Sales 50 units

Calcualte the value of the inventory at the end of the year using FIFO

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