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melbourne company uses the perpetual inventory method. melbourne putchased 900 units of inventory that cost $5.00 each. at a later date the company purchased an

melbourne company uses the perpetual inventory method. melbourne putchased 900 units of inventory that cost $5.00 each. at a later date the company purchased an additional 1,000 units of inventory that cost $5.50 each. if melbourne uses a lifo cost flow method, and sells 1,200 units of inventory, the amount of ending inventory appearing on the balance sheet will be:

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