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What is the value of the inventory at august 15 after sale

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Reference no: EM132409699

Question

A company's inventory records report the following:

August 1Beginning balance15 units @ $12August 5Purchase10 units @ $13August 12Purchase20 units @ $14

On August 15, it sold 30 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

Reference no: EM132409699

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