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show work U241435 #87895 Product ID: PA104 O PlanAhead, LLC 120 87895 Made in China Beginning Balance Purchase Order 301 Requisition 469 Requisition 493 Requisition
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U241435 #87895 Product ID: PA104 O PlanAhead, LLC 120 87895 Made in China Beginning Balance Purchase Order 301 Requisition 469 Requisition 493 Requisition S04 Purchase Order 960 Requisition 529 Returned Material Report 24 (from 480 at $4.80 each 600 at $4.90 each 175 225 280 400 at $4.95 each 310 Requisition 504) 20 (4.2) Calculate the ending inventory balance and cost using LIFO. (Obj.2). Based on the data given in Exercise 4.1, determine the ending inventory balance and cost using the LIFO inventory valuation methodStep by Step Solution
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