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The Annual Inventory of Lowest Price Retailers Shows the Following

Question 24

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The annual inventory of Lowest Price Retailers shows the following information for handheld computers: The annual inventory of Lowest Price Retailers shows the following information for handheld computers:   If 839 handheld computers were in stock on December 31, find the value of the ending inventory using the FIFO method of inventory pricing. A)  $113,209 B)  $170,141 C)  $202,241 D)  $228,341 If 839 handheld computers were in stock on December 31, find the value of the ending inventory using the FIFO method of inventory pricing.


A) $113,209
B) $170,141
C) $202,241
D) $228,341

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