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

Question 65

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 LIFO inventory costing method, cost of goods sold for the month of June is: A)  $1,901.00. B)  $1,932.00. C)  $2,942.00. D)  $1,917.00.
- Refer to the information provided for Portey. If Portey uses the LIFO inventory costing method, cost of goods sold for the month of June is:


A) $1,901.00.
B) $1,932.00.
C) $2,942.00.
D) $1,917.00.

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