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Abysinnin Company has the following data related to an item of inventory Inventory March 1...

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Accounting

Abysinnin Company has the following data related to an item of inventory

Inventory March 1 135 units $2.28 each

Purchase March 7 250 units $2.38 each

Sale March 28. 160 units $4.00 each

Purchase March 29 70 units $2.50 each

Using FIFO periodic what is the value of ending inventory? EXPLAIN

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