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    Fundamental Accounting Principles Study Set 6
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    Exam 6: Inventories and Cost of Sales
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    A Company's Inventory Records Indicate the Following Data for the Month
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A Company's Inventory Records Indicate the Following Data for the Month

Question 59

Question 59

Essay

A company's inventory records indicate the following data for the month of April: A company's inventory records indicate the following data for the month of April:   If the company uses the first-in,first-out (FIFO)method and the perpetual inventory system,what would be the cost of the ending inventory? If the company uses the first-in,first-out (FIFO)method and the perpetual inventory system,what would be the cost of the ending inventory?

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