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Swifty Corporation has the following inventory data: July 1 Beginning inventory 23 units at $14 $322 7 Purchases 80 units at $15 1200 22 Purchases 11 units at $17 187 $1709 A physical count of merchandise inventory on July 30 reveals that there are 36 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is
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Swifty Corporation has the following inventory data: July 1 Beginning inventory 23 units at $14 $322...
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