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What is the value of the inventory at August after the sale

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Reference no: EM133033292

Question - A company's inventory records report the following:

August 1 Beginning balance 34 units @ $24

August 5 Purchase 29 units @ $23

August 12 Purchase 33 units @ $24

On August 15, it sold 68 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

Reference no: EM133033292

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