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8 November, 16:20

A company purchased 400 units for $20 each on January 31. It purchased 520 units for $26 each on February 28. It sold a total of 560 units for $40 each from March 1 through December 31. What is the amount of ending inventory on December 31 if the company uses the first-in, first-out (FIFO) inventory costing method

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  1. 8 November, 20:18
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    there is $9360 worth of invertory left as of december 31
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