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KoCo begins operations in 20X1 and uses the periodic method. In March, 20x1, KoCo buys 700 units @ $4; in July, it buys 2,700 units$6,

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KoCo begins operations in 20X1 and uses the periodic method. In March, 20x1, KoCo buys 700 units @ $4; in July, it buys 2,700 units$6, and in November, it buys 1,600 units@ $8. Using LIFO, what is the cost of the 1,900 units in ending inventory? 28. d. $7,600 c. $14,600 b. $15,200 a. $10,000

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