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QUESTION 5 Dyer Shutters has the following inventory information. Description Units Date May 1 May 8 May 17 May 25 Inventory Purchase Purchase Purchase 30
QUESTION 5 Dyer Shutters has the following inventory information. Description Units Date May 1 May 8 May 17 May 25 Inventory Purchase Purchase Purchase 30 8888 120 50 90 Price/Unit $8.10 $8.30 $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 Last-In First-Out (LIFO) method.
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