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Multiple Choice Question 66 Sheffield Corp. just began business and made the following four inventory purchases in June: June 1 140 units $840 June 10
Multiple Choice Question 66 Sheffield Corp. just began business and made the following four inventory purchases in June: June 1 140 units $840 June 10 190 units 1235 June 15 190 units 1349 June 28 140 units 1050 $4474 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the LIFO inventory method, the value of the ending inventory (rounded to whole dollar) on June 30 is $1476. O $1500. O $1230. $1200
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