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The following units of an inventory item were available for sale during the year: The firm uses the periodic inventory system. During the year, 44

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The following units of an inventory item were available for sale during the year: The firm uses the periodic inventory system. During the year, 44 units of the item were sold. The value of ending inventory using FIFO is a. $2,194 b. $1,327 c. $1,844 d. $1,062

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