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Player Company Made the Following Merchandise Purchases During the Current

Question 142

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Player Company made the following merchandise purchases during the current year:
Player Company made the following merchandise purchases during the current year: There was no beginning inventory, but ending inventory consisted of 105 units. If Player uses the first-in, first-out method and the periodic inventory system, what would be the cost of the ending inventory? There was no beginning inventory, but ending inventory consisted of 105 units. If Player uses the first-in, first-out method and the periodic inventory system, what would be the cost of the ending inventory?

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