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Based on the data below, compute the value of ending inventory, using a ) FIFO b ) LIFO c ) Weighted Average Beginning Inventory: 1

Based on the data below, compute the value of ending inventory, using
a) FIFO
b) LIFO
c) Weighted Average
Beginning Inventory: 1000 units @$1; First Purchase: 2000 units @$2; Second Purchase: 3000 units @ $3; Ending Inventory: 1400 units
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