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The following data are available for the month of April for State Company:
April 1 inventory 120 units at $8.04 each
April 10 purchase 200 units at $8.20 each
April 20 purchase 410 units at $8.40 each
April 25 purchase 310 units at $8.59 each
State sold 630 units on April 22.
Compute the value of ending inventory assuming State uses the perpetual LIFO inventory costing method.

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  • Reference No.:- M940400

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