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Consider the following inventory records for Starstruck Corporation: Date Transaction Number of Units Unit Cost Nov. 1 Beginning inventory 420 $ 2.10 Nov. 17 Purchase
Consider the following inventory records for Starstruck Corporation: Date Transaction Number of Units Unit Cost Nov. 1 Beginning inventory 420 $ 2.10 Nov. 17 Purchase 390 2.69 The company sold 590 units of inventory during the month. Calculate the ending inventory assuming the company uses LIFO. (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,049 $592 $462 $882
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