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Flamengo Corporation has provided the following information about one of its inventory items: Number of Units Date 1/1 400 6/6 Transaction Beginning Inventory Purchase Purchase
Flamengo Corporation has provided the following information about one of its inventory items: Number of Units Date 1/1 400 6/6 Transaction Beginning Inventory Purchase Purchase Purchase 800 Cost per Unit $ 3,200 $ 3,600 $ 4,000 $ 4,200 9/10 11/15 1.200 800 During the year, Flamengo sold 3,000 units. What was ending inventory using the LIFO cost flow assumption
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