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The records at the end of January of the current year for Young Company showed the following for a particular kind of merchandise: Beginning Inventory
The records at the end of January of the current year for Young Company showed the following for a particular kind of merchandise:
Beginning Inventory at FIFO: 18 Units @ $19 = $342 |
Beginning Inventory at LIFO: 18 Units @ $15 = $270 |
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