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A firm has beginning inventory of 300 units at a cost of $10 each. Production during the period was 600 units at $12 each. If

A firm has beginning inventory of 300 units at a cost of $10 each. Production during the period was 600 units at $12 each. If sales were 800 units, what is the value of the ending inventory using FIFO?

$3,600

$7,800

$3,250

$9,000

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