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Konan, Inc. needs to determine its inventory value. The following information pertains to the individual products in ending inventory: Assuming Konan uses the FIFO method

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Konan, Inc. needs to determine its inventory value. The following information pertains to the individual products in ending inventory: Assuming Konan uses the FIFO method for costing its inventory, the reported value of product M-23 is: Multiple Choice $42. $60. $50. $52

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