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The following lots of Cornmodity Z were avalable for sale duning the year: The firm uses the periodic system, and there are 26 units of

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The following lots of Cornmodity Z were avalable for sale duning the year: The firm uses the periodic system, and there are 26 units of the cornmodity on hand at the end of the year. What is the ending inventory balance at the end of the year according to the fifo method? a. $3,676 b. $1,352 c. 53,650 a. $1462

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