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Help Save & Exit Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases listed in chronological

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Help Save & Exit Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases listed in chronological order of acquisition) . 48 units at $124 per unit 110 units at $117 per unit 178 units at $97 per unit Sales for the year totaled 310 units, leaving 26 units on hand at the end of the year In comparing the ending Inventory balances of FIFO and LIFO, the ending inventory value under FIFO less the ending inventory balance under LIFO results in a difference of Multiple Choice 0 0 0 0

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