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Seved 5 Homework O Required information [The following information applies to the questions displayed below. Glasgow Enterprises started the period with 85 units in beginning

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Seved 5 Homework O Required information [The following information applies to the questions displayed below. Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.60 each. During the period, the company purchased inventory items as follows: Purchase 1 2 3 No. of Items 290 195 50 Cost $3.10 $3.20 $3.60 ok Glasgow sold 315 units after purchase 3 for $9.90 each. What is Glasgow's ending inventory under LIFO? What is Glasgow's ending inventory under LIFO? Multiple Choice $1,098 $976 0 $903 C $793

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