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24-10-2022
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The following data is available for an item of JNC Inc. for the month of March:

March 1 Inventory 15 units at $10 each
15 Purchase
30 units at $18 each
31 Purchase
24 units at $15 each
Sale
30 units

Using the first-in, first-out method, what is JNC Inc.'s cost of ending inventory for March?

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