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X Your answer is incorrect. Kingbird has the following inventory data July 1 Beginning inventory 46 units at $23 $1058 7 Purchases 160 units
X Your answer is incorrect. Kingbird has the following inventory data July 1 Beginning inventory 46 units at $23 $1058 7 Purchases 160 units at $24 3840 22 Purchases 23 units at $25 575 $5473 075 A physical count of merchandise inventory on July 30 reveals that there are 57 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is O $1425. $1311 $1322. $1391
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Core Concepts of Government and Not For Profit Accounting
Authors: Michael H. Granof, Penelope S. Wardlow
2nd edition
471737925, 978-0-470-4605, 978-0471737926
