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Question 1 of 4 View Policies Current Attempt in Progress In its first month of operations, Splish Brothers Inc. made three purchases of merchandise in
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In its first month of operations, Splish Brothers Inc. made three purchases of merchandise in the following sequence: units at
$ units at $ and units at $
Assuming there are units on hand, compute the cost of the ending inventory under the a FIFO method and b LIFO method.
Splish Brothers uses a periodic inventory system.
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