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Square9 Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 100
Square9 Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 100 $400 5/5 Purchase 200 $450 8/10 Purchase 300 $500 10/15 Purchase 200 $550 During the year, Square9 sold 750 laptop computers. What was ending inventory using the FIFO cost flow assumption?
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