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Given the following data, calculate the cost of ending inventory using the FIFO ...
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Given the following data, calculate the cost of ending inventory using the FIFO costing method: Jan Beginning inventory 45 units at $10 per unit; Feb 25 Purchases 40 units at $12 per unit; June 15 Purchases 30 units at $13 per unit; Sept 20 Purchases 25 units at $14 per unit; Dec 31 Ending inventory 40 units. It might help to make a table.
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