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Question 19 (1 point) ABC Co, Ltd. sells only one product. At the beginning of the year, ABC. Co. had 20000 units of inventory at

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Question 19 (1 point) ABC Co, Ltd. sells only one product. At the beginning of the year, ABC. Co. had 20000 units of inventory at $5 per unit. During the year ABC. Co. Ltd. sold 4000 of product at $ 30 per unit. During the year, ABC Co. Ltd. purchased 9000 units of product at $ 8 per unit. How much is the total value of inventory at the end of the year if ABC. Co. Ltd. uses the FIFO method of inventory valuation in a periodic system? Your Answer: Answer Winc caved

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