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Using a periodic inventory system, what is the cost of ending inventory FIFO and LIFO if 1. 240 units at $4, 2. 340 units at
Using a periodic inventory system, what is the cost of ending inventory FIFO and LIFO if 1. 240 units at $4, 2. 340 units at $6. and 3. 440 units at $7. with 140 units on hand at the end of the period.
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