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Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.00 each....

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Accounting

Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows:

Purchase No. of Items Cost
1 350 $ 2.50
2 125 $ 2.60
3 50 $ 3.00

Glasgow sold 375 units after purchase 3 for $8.10 each.

What is Glasgow's ending inventory under LIFO?

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