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Business, 06.11.2019 01:31 jasminelynn135owmyj1

In its first month of operations, blue spruce corp. made three purchases of merchandise in the following sequence: (1) 200 units at $5, (2) 600 units at $6, and (3) 145 units at $7. assuming there are 290 units on hand, compute the cost of the ending inventory under the (a) fifo method and (b) lifo method. blue spruce uses a periodic inventory system.

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