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Exercise: 3 Oscar Industries has the following inventory information. Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory

Exercise: 3 Oscar Industries has the following inventory information. Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis? a. $86.22 b. $247.5 c. $42.03 d. $90.00

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