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The periodic inventory records of Allen Medical Supply indicate the following for the month of June: table [ [ June 1 , table
The periodic inventory records of Allen Medical Supply indicate the following for the month of June:
tableJune tableBeginning merchandiseinventorytable units @ $eachPurchase,table units @ $eachPurchase,table units @ $eachPurchase,table units @ $each
A physical count of merchandise inventory on June reveals that there are units on hand. Using the LIFO inventory method, the amount allocated to ending inventory.
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