Crane Co. has the following data related to an item of inventory: Inventory, March 1 350...
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Crane Co. has the following data related to an item of inventory: Inventory, March 1 350 units @$1.80 Purchase, March 7 1350 units @ $1.90 Purchase, March 16 240 units @$1.95 Inventory, March 31 500 units The value assigned to ending inventory if Crane uses a LIFO periodic inventory system is $900. $973. O $965. O $915. Crane Co. has the following data related to an item of inventory: Inventory, March 1 350 units @$1.80 Purchase, March 7 1350 units @ $1.90 Purchase, March 16 240 units @$1.95 Inventory, March 31 500 units The value assigned to ending inventory if Crane uses a LIFO periodic inventory system is $900. $973. O $965. O $915.
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