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Vaughn uses the periodic inventory system. For the current month, the beginning inventory consisted of 7100 units that cost $13.00 each. During the month, the company made two purchases: 3000 units at $14.00 each and 11900 units at $14.50 each. Vaughn also sold 12900 units during the month. Using the LIFO method, what is the ending inventory
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Vaughn uses the periodic inventory system. For the current month, the beginning inventory consisted...
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