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Perpetual Inventory Using FIFO Beginning inventory, purchase and sales data for portable DVD player April 1 Inventory 75 units @$99 Sale 58 units 15 Purchase
Perpetual Inventory Using FIFO Beginning inventory, purchase and sales data for portable DVD player April 1 Inventory 75 units @$99 Sale 58 units 15 Purchase 43 units @ $103 Sale 26 units 14units 24 Sale 25 units @$ 109 Purchase b. Based upon the preceding data, would you expect the inventory to be higher or lower using the last-in, first-out method
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