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Find ending inventory under fifo is

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Reference no: EM132646058

Blue has the following inventory data:

Nov. 1 Inventory35 units @ $7.00 each

8 Purchase139 units @ $7.50 each

17 Purchase70 units @ $7.30 each

25 Purchase104 units @ $7.70 each

Problem 1: A physical count of merchandise inventory on November 30 reveals that there are 116 units on hand. Ending inventory under FIFO is

Reference no: EM132646058

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