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Determine the value of the remaining items

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Question - Jumbo Pty Ltd commences stocking a new line of product. On 2 May, they purchased 500 units at $3.00 each and on 5 June, 300 Not yet answered units at $2.50 each. At 30 June there were 400 units remaining in stock. Using the FIFO method, determine the value of the remaining items?

Reference no: EM133073053

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