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Sere bin Company applied FIFO to its inventory and got the following results for its ending inventory. The cost of purchasing units at year-end was

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Sere bin Company applied FIFO to its inventory and got the following results for its ending inventory. The cost of purchasing units at year-end was cameras$71, DVD players $67, and iPods $78. Instructions Determine the amount of ending inventory at lower-of-cost-or-market

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