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Calculate the ending inventory

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Question - Need help figuring out how to solve this problem using FICO method and LIFO. Snow Company has the following inventory transactions for the year:

Date Transaction Numbers of Units Unit Cost

Jan. 1 Beginning inventory 200 $ 4.00

Apr. 20 Purchase 800 4.25

Sep. 8 Purchase 400 4.50

Assuming Snow sells 1,000 units, calculate ending inventory?

Reference no: EM132986501

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