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A firm has beginning inventory of 400 units at a cost of 12

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A firm has beginning inventory of 400 units at a cost of $12 each. Production during the period was 700 units at $13 each. If sales were 800 units, what is the value of the ending inventory using LIFO?

A. $2,750

B. $3,600

C. $3,300

D. $3,850

Reference no: EM13570380

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