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The firm uses the periodic inventory system. During the year, 60 units of the item were sold.
The value of ending inventory rounded to nearest dollar using average cost is:
a. $1,353
b. $1,263
c. $1,375
d. $1,150

The firm uses the periodic inventory system During the year 60 units of the item were sold The value of ending inventory rounded to nearest dollar using average class=

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