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The following information relates to inventory for Happy Eddie Incorporated: Date Transaction March 1 Beginning Inventory March 7 Purchase March 12 Purchase $170 $55

The following information relates to inventory for Happy Eddie Incorporated: Date Transaction March 1

The following information relates to inventory for Happy Eddie Incorporated: Date Transaction March 1 Beginning Inventory March 7 Purchase March 12 Purchase $170 $55 $110 $70 Quantity Unit Total Cost $2 $40 $ 3 $45 $4 $80 20 15 20 A physical count revealed 30 units remained on hand at March 31. At what amount would Happy Eddie report its ending inventory using LIFO cost flow assumption?

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