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Beginning inventory, purchases, and sales for an inventory item are as follows: 150 units@ $755 eginning inventory Sale 120 units First purchase 400 units$785 200

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Beginning inventory, purchases, and sales for an inventory item are as follows: 150 units@ $755 eginning inventory Sale 120 units First purchase 400 units$785 200 units Second purchase 00 units a $805 ale 290 units The firm uses the perpetual inventory system and there are 240 units of the item on hand at the end of the year. What is the total cost of ending inventory according to FIFO? HTML Editor Particulars Ma

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