Business, 08.04.2021 19:50 janae201831

The following lots of a particular commodity were available for sale during the yearBeginning inventory10 units at $50First purchase25 units at $55Second purchase30 units at $60Third purchase15 units at $65The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the first-in, first-out method

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