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B A sneaker outlet has made the following wholesale purchases of new running shoes 12 pairs at $4600, 18 pairs at $4100 and 20 pairs

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B A sneaker outlet has made the following wholesale purchases of new running shoes 12 pairs at $4600, 18 pairs at $4100 and 20 pairs at $5100. An inventory taken last week indicates that 33 pairs are still in stock Calculate the cost of this inventory by FIFO. Cost of ending inventory

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