The following units of an item were available for sale during the year: beginning inventory 34 units at $42 sale 22 units at $67 first purchase 16 units at $43 sale 5 units at $69 second purchase 16 units at $45 sale 8 units at $69 the firm uses the perpetual inventory system, and there are 31 units of the item on hand at the end of the year. a. what is the total cost of the ending inventory according to fifo?
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The following units of an item were available for sale during the year: beginning inventory 34 unit...
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