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Inventory records for Herb's Chemicals revealed the following: March 1,2024, inventory: 1,850 gallons @...

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Accounting

Inventory records for Herb's Chemicals revealed the following:
March 1,2024, inventory: 1,850 gallons @ $8.9 per gallon =$16,465
Ending inventory assuming LIFO in a perpetual inventory system would be:
Multiple Choice
$12,302.
$12,202.
$12,382.
$12,322.
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