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Glasgow Enterprises Started the Period with 80 Units in Beginning

Question 26

Multiple Choice

Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.10 each. During the period, the company purchased inventory items as follows: Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.10 each. During the period, the company purchased inventory items as follows: Glasgow sold 360 units after purchase 3 for $8.40 each. What isGlasgow's ending inventory under LIFO? A) $775 B) $675 C) $610 D) $525 Glasgow sold 360 units after purchase 3 for $8.40 each.
What isGlasgow's ending inventory under LIFO?


A) $775
B) $675
C) $610
D) $525

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