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A companys inventory records report the following: August 1 Beginning balance 24 units @ $14 August 5 Purchase 19 units @ $13 August 12 Purchase
A companys inventory records report the following: August 1 Beginning balance 24 units @ $14 August 5 Purchase 19 units @ $13 August 12 Purchase 23 units @ $14 On August 15, it sold 48 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?
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