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Current Attempt in Progress Your answer is incorrect. In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence:
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In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: units at $ units at $ and units at $ Assuming there are units on hand at the end of the period, compute the cost of the ending inventory under a the FIFO method and b the LIFO method. Sunland uses a periodic inventory system.
FIFO
LIFO
Ending inventory
$
$
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