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Question 11 1 pts Company Z had the beginning inventory of 100 units at $2 each. On January 2, they purchased an additional 200 units
Question 11 1 pts Company Z had the beginning inventory of 100 units at $2 each. On January 2, they purchased an additional 200 units at $3 each. On January 6, they sold 150 units at $5 each. On January 15, they purchased another 200 units at $3.5 each. Lastly, on January 25, they sold another 150 units at $6 each. Calculate the company's ending inventory using FIFO. Assume the company uses the perpetual method. $700 $628 $525 $500
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