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Beginning inventory, purchases, and sales for Item MMM8 are as follows: November 1 Inventory 101 16 9 Sale 97 16 Purchase 127 11 25 Sale

Beginning inventory, purchases, and sales for Item MMM8 are as follows: November 1 Inventory 101 16 9 Sale 97 16 Purchase 127 11 25 Sale 79 Assuming a perpetual inventory system and using the Last-in, first-out (FIFO) method, determine the inventory value on November 30

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