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hi i have come across a problem in bpp revision kit.
an inventory account shows the following details:
50 units in stock at a cost of 40$ per unit
100 units purchased at 45$ per unit
80 units sold
50 units purchased at 50 $ per unit
60 units sold
So what is the inventory using the FIFO method?answer in the book is 2950$
plz solve it for me I have a cbe after three days
thanks
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