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Inventory records for Herb's Chemicals revealed the following: March 1,2024 , inventory: 1,100 gallons @$7.40 per gallon =$8,140 The ending inventory assuming FIFO is: Multiple

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Inventory records for Herb's Chemicals revealed the following: March 1,2024 , inventory: 1,100 gallons @$7.40 per gallon =$8,140 The ending inventory assuming FIFO is: Multiple Choice $5,881. $5,791. $5,821. $5,801

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