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Carpenter Corporation is a United Stated merchandising business. The corporation extensively uses scan technology in a perpetual inventory system, and values inventory using the LIFO
Carpenter Corporation is a United Stated merchandising business. The corporation extensively uses scan technology in a perpetual inventory system, and values inventory using the LIFO cost flow assumption. Using the following information, what is the Ending Inventory on the Balance Sheet at September 30?
Sep. 1 Inventory 25 units at $21
4 Sold 15 units
10 Purchased 31 units at $27
17 Sold 21 units
30 Purchased 10 units at $30
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