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What the value of the ending inventory

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Question - Kingbird, Inc. just began business and made the following four inventory purchases in June:

June 1160 units $1024

June 10210 units 1369

June 15210 units 1394

June 28160 units 1101

$4888

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the LIFO inventory method, what the value of the ending inventory (rounded to whole dollar) on June 30?

Reference no: EM133005266

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