Calculate the ending inventory using FIFO for a company that uses a perpetual inventory system,using the information given below.
Definitions:
Preassembled
Refers to items or products that are assembled at the manufacturing facility before being shipped to the customer.
Express Warranties
Explicit assurances provided by a seller to a buyer, detailing the quality, features, or specifications of the product being sold.
Brochure
A printed piece of marketing material that provides information about a product, service, or organization.
Sample
A specimen or part of something used to show the quality or nature of the whole.
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