Lansing Corporation uses the periodic inventory system and has provided the following information about one of their laptop computers: During the year, 1,150 laptop computers were sold. What was ending inventory using the FIFO cost flow assumption?

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Lansing Corporation uses the periodic inventory system and has provided the following information about one of their laptop computers:  During the year, 1,150 laptop computers were sold. What was ending inventory using the FIFO cost flow assumption?

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The Answer of Lansing Corporation uses the periodic inventory system and has provided the following information about one of their laptop computers:  During the year, 1,150 laptop computers were sold. What was ending inventory using the FIFO cost flow assumption?

Lansing Corporation Uses the Periodic Inventory System and Has Provided