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Current Attempt in Progress The following is a record of Whispering Company's transactions for Boston Teapots for the month of May 2020. May 1 Balance
Current Attempt in Progress The following is a record of Whispering Company's transactions for Boston Teapots for the month of May 2020. May 1 Balance 444 units $18.00 May 10 Sale 333 units @ $35.00 12 Purchase 666 units @ $26.00 20 Sale 599 units @ $35.00 28 Purchase 444 units @ $32.00 You X Your answer is incorrect. Assuming that perpetual records are maintained and they tie into the general ledger, calculate the ending inventory using (1) FIFO and (2) LIFO. (1) FIFO (2) LIFO Ending Inventory $ 932 $ 932 eTextbook and Media
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