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What ending inventory assuming lifo would be

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Inventory records for Jones company revealed following:

Date         Transaction               # of units          unit cost

Feb. 2 Beginning Inventory        500                        $2.15

Feb. 10  purchase                    300                      2.63

Problem 1: Jones sold 460 units of inventory during the month. Ending inventory assuming LIFO would be:

Reference no: EM132663857

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