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Simple Plan Enterprises uses a periodic Inventory system. Its records showed the following: Inventory, December 3 1 , using FIFO 4 4 Units @$ 1

Simple Plan Enterprises uses a periodic Inventory system. Its records showed the following:
Inventory, December 31, using FIFO 44 Units @$17=$748
Inventory, December 31, using LIFO 44 Units @ $13=$572
\table[[Transactions in the Following Year,Units,Unit Cost,Total Cost],[Purchase, January 9,56,18,$1,008
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