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Compute the ending inventory for sarasota appliance

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Reference no: EM132694049

Sarasota Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $655 each. On January 10, Sarasota purchased 8 units at $755 each. The company sold 2 units on January 8 and 4 units on January 15.

Problem 1: Compute the ending inventory under FIFO

Reference no: EM132694049

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