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Beginning inventory: 530 units @ $75. Purchases: 1220 units @ $90, 1190 units @ 95, $1510 units @ $100. Ending units: 1220. Use LIFO method
Beginning inventory: 530 units @ $75. Purchases: 1220 units @ $90, 1190 units @ 95, $1510 units @ $100. Ending units: 1220. Use LIFO method to compute ending inventory
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