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Calculate the value assigned to ending inventory

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Reference no: EM132559272

Question - Sunland Company has the following data related to an item of inventory:

Inventory, March 1 440 units @ $1.90

Purchase, March 7 1430 units @ $2.00

Purchase, March 16 300 units @ $2.30

Inventory, March 31 570 units

Required - Calculate the value assigned to ending inventory if Sunland uses LIFO?

Reference no: EM132559272

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