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Inventory records for Dunbar Incorporated revealed the following: Date Apr 1 Apr. 20 Transaction Beginning inventory Purchase Number of Units 500 400 Unit Cost $2.40

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Inventory records for Dunbar Incorporated revealed the following: Date Apr 1 Apr. 20 Transaction Beginning inventory Purchase Number of Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Ending inventory assuming FIFO would be: Multiple Choice $480 $470 $490. $500

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