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The following inventory transactions took place for Sandhill Corporation for the month of May: Calculate the ending inventory balance for Sandhill Corporation, assuming the company
The following inventory transactions took place for Sandhill Corporation for the month of May: Calculate the ending inventory balance for Sandhill Corporation, assuming the company uses a perpetual inventory system and the first-in, first-out (FIFO) cost formula. (Round the final answer to 0 decimal places, e.g. 5,275) Ending inventory $ Calculate the ending inventory balance for Blossom Corporation, assuming the company uses a periodic inventory system and the weighted average cost formula. (Round average unit costs to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) Ending inventory
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