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QUESTION 4 Dyer Shutters has the following inventory information. Date Units May 1 May 8 May 17 May 25 Description Inventory Purchase Purchase Purchase QUESTIONE
QUESTION 4 Dyer Shutters has the following inventory information. Date Units May 1 May 8 May 17 May 25 Description Inventory Purchase Purchase Purchase QUESTIONE 30 110 50 100 Price/Unit $8.10 $8.40 $8.60 $8.80 A physical count of inventory on May 31 reveals that there are 80 units on hand. Calculate ending inventory using the First-In First-Out (FIFO) method.
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