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Neighborly Industries Has the Following Inventory Information

question 148

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Neighborly Industries has the following inventory information. Neighborly Industries has the following inventory information.   Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis? A)  $3,644 B)  $3,674 C)  $7,696 D)  $7,706 Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis?


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