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The following lots of Commodity Z were available for sale during the year. The firm uses the periodic inventory system, and there are 20 units

The following lots of Commodity Z were available for sale during the year. The firm uses the periodic inventory system, and there are 20 units of the commodity on hand at the end of the year. What is the ending inventory balance of Commodity Z using FIFO? a. $655 b. $690 c. $659 d. $620

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