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Sheridan Company just began business and made the following four inventory purchases in June: 240 units June 1 June 10 $1584 1943 290 units June
Sheridan Company just began business and made the following four inventory purchases in June: 240 units June 1 June 10 $1584 1943 290 units June 15 1972 290 units 240 units June 28 1680 $7179 A physical count of merchandise inventory on June 30 reveals that there are 280 units on hand. Using the LIFO inventory method, the value of the ending inventory (rounded to whole dollar) on June 30 is O $1852. O $1848. O $1952. O $1960. Save for Later Attempts: 0 of 1 used Submit
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