Question: Current Attempt in Progress Cullumber Company uses the periodic inventory system to account for inventories. Information related to Collomber Company's inventory at October 31 is

Current Attempt in Progress Cullumber Company uses the periodic inventory system to account for inventories. Information related to Collomber Company's inventory at October 31 is given below. October 1 $4.664 Beginning inventory Purchase 8 424 units @ $11.00 - 848 units $12.00 = 636 units @ $13.00 212 units @ $14.00 - 10.176 8.268 16 Purchase Purchase 24 2.968 Total units and cost 2.120 units $ 26,076 Value the ending inventory osing the FIFO cost assumption if 610 units remain on hand at October 31 Ending inventory Stile Attempts of used we

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