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Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for portable game players are as follows: The business maintains a perpetual inventory system, costing

image text in transcribed Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for portable game players are as follows: The business maintains a perpetual inventory system, costing by the first-in, first-out method. the Cost of Merchandise Sold Unit Cost column and in the Inventory Unit Cost column. b. Based upon the preceding data, would you expect the ending inventory to be higher or lower using the last-in, first-out method

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