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Current Attempt in Progress A company just starting business made the following four inventory purchases in June. Date Total cost June 1 $ 430 Number
Current Attempt in Progress A company just starting business made the following four inventory purchases in June. Date Total cost June 1 $ 430 Number of units purchased 120 units 250 units 250 units 100 units 585 June 10 June 15 June 28 620 500 $2135 A physical count of merchandise inventory on June 30 reveals that there are 220 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is O $748. O $1387. O $664. O $1413. Save for Later Attempts: 0 of 1 used Submit
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