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Use this information to answer the following question. Use this information to answer the following question.   A periodic inventory system is used; ending inventory is 151 units. What is the value of ending inventory under FIFO? A)  $2,812 B)  $3,212 C)  $2,612 D)  $3,012 A periodic inventory system is used; ending inventory is 151 units.
What is the value of ending inventory under FIFO?


A) $2,812
B) $3,212
C) $2,612
D) $3,012

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