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The Following Inventory Was Available for Sale During the Year

Question 51

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The following inventory was available for sale during the year for Mega Tools:
The following inventory was available for sale during the year for Mega Tools: Mega has 25 units on hand at the end of the year. What is the dollar amount of inventory at the end of the year according to the first-in, first-out method? A) $1,650 B) $2,975 C) $1,575 D) $1,950
Mega has 25 units on hand at the end of the year. What is the dollar amount of inventory at the end of the year according to the first-in, first-out method?


A) $1,650
B) $2,975
C) $1,575
D) $1,950

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