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Table 6-4
Assume the Following Data for Burnette Sales for 2019

question 130

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Table 6-4
Assume the following data for Burnette Sales for 2019:  Beginning inventory 10 units at $7 each  March 18 purchase 15 units at $9 each  Sale 20 units at $15 each  June 10 purchase 20 units at $10 each  Sale 12 units at $15 each  October 30 purchase 12 units at $11 each  Sale 10 units at $16 each \begin{array} { | c | l | } \hline \text { Beginning inventory } & 10 \text { units at } \$ 7 \text { each } \\\hline \text { March } 18 \text { purchase } & 15 \text { units at } \$ 9 \text { each } \\\hline \text { Sale } & 20 \text { units at } \$ 15 \text { each } \\\hline \text { June } 10 \text { purchase } & 20 \text { units at } \$ 10 \text { each } \\\hline \text { Sale } & 12 \text { units at } \$ 15 \text { each } \\\hline \text { October } 30 \text { purchase } & 12 \text { units at } \$ 11 \text { each } \\\hline \text { Sale } & 10 \text { units at } \$ 16 \text { each } \\\hline\end{array} On December 31, a physical count reveals 15 units on hand.
-Refer to Table 6-4. Under the FIFO method (assuming a perpetual inventory system) , ending inventory would be valued at:


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