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Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows.
Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows. Glasgow sold 220 units after purchase 3 for $17.00 each. If the company uses the LIFO cost flow method, Glasgow's ending inventory would be: Multiple Choice $2,220. $2,460. $1,950. $2,730
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