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Julian Junkets has the following inventory information. July 1 Beginning Inventory 10 units at $90 5 Purchases 60 units at $84 14 Sale 40 units
Julian Junkets has the following inventory information. July 1 Beginning Inventory 10 units at $90 5 Purchases 60 units at $84 14 Sale 40 units 21 Purchases 30 units at $87 30 Sale 28 units Assuming that a perpetual inventory system is used, what is the ending inventory on a FIFO basis
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