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Using the following information, determine the ending inventory value using FIFO method: Beginning inventory 20 @ 5; 12/2 purchase 15 @ 6; 12/10 purchase 10

Using the following information, determine the ending inventory value using FIFO method: Beginning inventory 20 @ 5; 12/2 purchase 15 @ 6; 12/10 purchase 10 @ 7; There were 26 units sold. Question options: 1) 165 2) 95 3) 110 4) 124 5) 136

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