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Find the cost of the ending inventory

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Question - James Co. has the following data related to an item of inventory: Inventory, March 1 Purchase, March 7 Purchase, March 16 Inventory, March 31 200 units @ $4.20 700 units @ $4.40 140 units @ $4.50 300 units. Find the cost of the ending inventory if James uses periodic LIFO?

Reference no: EM132942860

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