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Glasgow Enterprises started the period with 60 units in beginning inventory that cost $2.20 each. During the period, the company purchased inventory items as follows.
Glasgow Enterprises started the period with 60 units in beginning inventory that cost $2.20 each. During the period, the company purchased inventory items as follows. Glasgow sold 290 units after purchase 3 for $10.40 each. Purchase 1 2 Number of Items 270 185 55 Cost $ 2.70 $ 2.80 $ 3.20 If the company uses the LIFO cost flow method, Glasgow's ending inventory would be: Multiple Choice $896 $726. JUU If the company uses the LIFO cost flow method, Glasgow's ending inventory would be: Multiple Choice $896. $726. $784. $616
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