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Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month...

Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of March.

Beginning Inventory - 150 units at $81

March 7 Sold 70 units

March 11 Purchase 200 units at $85

March 12 Sold 220 units

If the company uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is:

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ekkarill92 answered 1 year ago
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