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Multiple Choice Question 122 Tamarisk, Inc. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows:

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Multiple Choice Question 122 Tamarisk, Inc. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance, 1/1/2022 310 $5.00 $1550 Purchase, 1/15/2022 160 5.50 880 Purchase, 1/28/2022 160 5.70 912 An end of the month (1/31/2022) inventory showed that 250 units were on hand. If the company uses FIFO, what is the value of the ending inventory? $1935 $1425 O $1407 $1250 Click if you would like to show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER SAMSUNG

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