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What is the cost of the ending inventory at january

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Question - Thelen's inventory records show the following data at January 31:

Beginning inventory Jan. 1 90 units at $5 per unit

Jan. 10 purchase                270 units at $11 per unit

Jan. 22 purchase                130 units at $12 per unit

At January 31, 230 units are still on hand. What is the cost of the ending inventory at January 31 if Thelen uses the LIFO method?

Reference no: EM131808740

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