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Portey Company Portey Uses a Perpetual Inventory System and Had the Following

Question 60

Multiple Choice

Portey Company
Portey uses a perpetual inventory system and had the following inventory transactions for the month of June.
Portey Company Portey uses a perpetual inventory system and had the following inventory transactions for the month of June. - Refer to the information provided for Portey. If Portey uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is: A) $1,901.00. B) $1,010.00. C) $1,041.00. D) $1,045.00.
- Refer to the information provided for Portey. If Portey uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is:


A) $1,901.00.
B) $1,010.00.
C) $1,041.00.
D) $1,045.00.

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