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Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7.200 units that cost $12 each. During the month the
Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7.200 units that cost $12 each. During the month the company made two purchases 3,000 units at $13 each and 12,000 units at $1350 each. Checkers also sold 12,900 Punits during the month Using the FIFO method, what is the ending inventory D 5125,550 $113,700 b $120,438 5111,600
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