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Atlanta Business Supplies Inc. has the following inventory data: July 1 July 7 July 22 Beginning inventory 30 units at 9 105 units at $12
Atlanta Business Supplies Inc. has the following inventory data: July 1 July 7 July 22 Beginning inventory 30 units at 9 105 units at $12 Purchases Purchases 5 units at $15 A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the FIFO inventory method, what is the amount allocated to ending inventory for July? (round your answer the nearest whole number).
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