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! Required information [ The following information applies to the questions displayed below. ] The following information pertains to Mason Company for Year 2 :

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Required information
[The following information applies to the questions displayed below.]
The following information pertains to Mason Company for Year 2:
\table[[Beginning inventory,90 units @ $40... see photo...
please explain the terms simply and show me the formula for calculating. I wluld appreciate it and I always give a like for the correct answer. this is an accounting problem.
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