The following information pertains to Julia & Company: March 1 Beginning inventory = 30 units @...
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The following information pertains to Julia & Company: March 1 Beginning inventory = 30 units @ $5 March 3 Purchased 15 units @ $4 March 9 Sold 25 units @ $8 What is the ending inventory balance for Julia & Company assuming that it uses FIFO? Multiple Choice O O O O $125. $100. $110. $85. The following information pertains to Julia & Company: March 1 Beginning inventory = 30 units @ $5 March 3 Purchased 15 units @ $4 March 9 Sold 25 units @ $8 What is the ending inventory balance for Julia & Company assuming that it uses FIFO? Multiple Choice O O O O $125. $100. $110. $85.
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