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A Company Had the Following Purchases During the Current Year

Question 44

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A company had the following purchases during the current year: A company had the following purchases during the current year: On December 31,there were 26 units remaining in ending inventory.Using the LIFO inventory valuation method,what is the cost of the ending inventory? A) $3,280. B) $3,200. C) $3,445. D) $3,540. E) $3,640. On December 31,there were 26 units remaining in ending inventory.Using the LIFO inventory valuation method,what is the cost of the ending inventory?


A) $3,280.
B) $3,200.
C) $3,445.
D) $3,540.
E) $3,640.

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