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Required information [The following information applies to the questions displayed bolow] The following information pertains to Mason Company for Year 2. Ending inventory consisted of

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Required information [The following information applies to the questions displayed bolow] The following information pertains to Mason Company for Year 2. Ending inventory consisted of 50 units. Mason sold 472 units at $114 each. All purchases and sales were made with cash. Operating expenses amounted to $3,675. Compute the amount of ending inventory using (1) FIFO, (2) LIFO, ond (3) weighted average. (Round cost per unit to 3 decimal alaces and final answers to the nearest whole doltar amount.)

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