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What is the value of the inventory at october

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Question - A company has beginning inventory of 42 units at a cost of $13.00 each on October 1. On October 5, it purchases 27 units at $14.00 per unit. On October 12 it purchases 37 units at $15.00 per unit. On October 15, it sells 81 units. Using the FIFO periodic inventory method, what is the value of the inventory at October 15 after the sale?

a. $780.00

b. $375.00

c. $700.00

d. $325.00

e. $405.00

Reference no: EM133047298

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