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Carlisle has the following inventory movements during May. Assuming that ...

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Carlisle has the following inventory movements during May.

Units£ per unit
Opening inventory409
2 MayPurchase6010
10 MaySales50
15 MayPurchase7011
18 MaySales45
24 MayPurchase8011

Assuming that the business values inventory on a first-in-first-out basis, what will be the value of closing inventory at the end of the month?

0%
0%
0%
0%
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