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Assume your organization has the following inventory changes during the year: table [ [ Beginning Inventory, 2 0 units valued at $ 7 ,
Assume your organization has the following inventory changes during the year:
tableBeginning Inventory, units valued at $ eachJanuary purchases, units at $ eachApril purchases, units at $ eachTotal Units Used,
Calculate the value of the ending inventory and the value of the inventory used the inventory expense for the year using both the FIFO and the LIFO methods.
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