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Compute the cost of the ending inventory

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Question - In its first month of operations, Danielle Company made three purchases of merchandise in the following sequence: (1) 154 units at $12, (2) 430 units at $13, and (3) 129 units at $14. Assuming there are 316 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method.

Reference no: EM133184944

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