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Beginning inventory, purchases, and sales for an inventory item are a Beginning inventory 150 units @ $755 Sale 120 units First purchase 400 units

Beginning inventory, purchases, and sales for an inventory item are a Beginning inventory 150 units @ $755 Sale 120 units First purchase 400 units @ $785 Sale 200 units Second purchase 300 units @ $805 290 units Sale The firm uses the perpetual inventory system, and there are 240 unit What is the total cost of ending inventory using LIFO? $

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