A company has beginning inventory of 14 units at a cost of $12.00 each on October 1. On October 5, it purchases 13 units at $13.00 per unit. On October 12 it purchases 23 units at $14.00 per unit. On October 15, it sells 39 units. Using the periodic FIFO inventory method, what is the value of the inventory at October 15 after the sale?
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A company has beginning inventory of 14 units at a cost of $12.00 each on October 1. On October 5, i...
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