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sales revenue: 300 units at $15 per unit. Purchases: 240 units at $10 per unit. Beginning inventory: 120 units at $9 per unit. 1)What is
sales revenue: 300 units at $15 per unit. Purchases: 240 units at $10 per unit. Beginning inventory: 120 units at $9 per unit. 1)What is the value of the ending inventory as determined by the FIFO method? 2) What is the value of the gross profit as determined by the LIFO method
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