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Glasgow Enterprises started the period with 90 units in beginning inventory that cost $3.00 each. During the period, the company purchased inventory items as follows:
Glasgow Enterprises started the period with 90 units in beginning inventory that cost $3.00 each. During the period, the company purchased inventory items as follows: Purchase 1 2 3 Number of Items 300 250 60 Glasgow sold 320 units after purchase 3 for $8.10 each. What is Glasgow's ending inventory under LIFO? Multiple Choice O $1,520 $1,285 Cost $3.50 $3.60 $4.00 $1,140
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