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The following information pertains to Apple Inc. March 1, 2024, inventory: 1,000 gallons @ $7.20 per gallon =$7,200 Ending inventory under the periodic inventory system

The following information pertains to Apple Inc. March 1, 2024, inventory: 1,000 gallons @ $7.20 per gallon =$7,200 Ending inventory under the periodic inventory system assuming average cost is

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