Multiple Choice
RJ Corporation has provided the following information about one of its inventory items: During the year, RJ sold 3,000 units. What was cost of goods sold using the LIFO cost flow assumption under a periodic inventory system?
A) $11,680,000.
B) $11,590,000.
C) $11,480,000.
D) $11,550,000.
Correct Answer:

Verified
Correct Answer:
Verified
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