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FIFO/LIFO Perpetual Inventory Use the attached form The following units of an item were available for sale during the year. Use the cost figures only.
FIFO/LIFO Perpetual Inventory Use the attached form The following units of an item were available for sale during the year. Use the cost figures only. The firm uses the perpetual inventory system and there 10,000 units of the item on hand at the end of the year. What is the cost of the ending inventory according to FIFO and according to LIFO? FIFO
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