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A company's inventory records report the following: August 1 August 5 August 12 Beginning balance Purchase Purchase 32 units @ $22 27 units @ $21

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A company's inventory records report the following: August 1 August 5 August 12 Beginning balance Purchase Purchase 32 units @ $22 27 units @ $21 31 units @ $22 On August 15, it sold 64 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice O $592 $1,408 O O $1,534 O $572 O $2,340

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