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Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: During the year, Lauer sold 825

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Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: During the year, Lauer sold 825 laptop computers. What was ending inventory using the FIFO cost flow assumption? $85, 900. $86, 400. $84, 400. $66, 400

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