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Use the information below to answer the following question. The following units of an inventory item were available for sale during the year: Information The

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Use the information below to answer the following question. The following units of an inventory item were available for sale during the year: Information The firm uses the periodic inventory system. During the year, 60 units of the item were sold. The value of ending inventory using FIFO is A. $1,250 B. $1,350 C. $1,375 D. $1,150 Clear my choice

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