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Saved Lauer Corporation has provided the following information about one of its laptop computers Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase

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Saved Lauer Corporation has provided the following information about one of its laptop computers Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase Number of Units 300 400 500 300 Cost per Unit $ 1,000 $ 1,100 $ 1,200 $ 1,250 During the year, Louer sold 1,250 laptop computers. What was ending inventory using the LIFO cost flow assumption? Multiple Choice O $270,000 $312,000. O $250,000

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