Comopany made thhree purchases of merchndise

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In its first month of operations, Hiffin cComopany made thhree purchases of merchndise in the following sequence. 300 untits at $6 400 iunits at $8 500 units at $9 assumjing are 200 units on hand at the end of the period,Compute the costof ending inventory under the FIFO method and the LIFO method Giffin uses aperiodic inventory system

Reference no: EM13696045

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