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    Exam 5: Reporting and Analyzing Inventories
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    A Company's Inventory Records Report the Following: on August
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A Company's Inventory Records Report the Following: on August

Question 151

Question 151

Multiple Choice

A company's inventory records report the following: A company's inventory records report the following:   On August 15,it sold 30 units.Using the perpetual FIFO inventory method,what is the value of the inventory at August 15 after the sale? A) $140 B) $160 C) $210 D) $380 E) $590 On August 15,it sold 30 units.Using the perpetual FIFO inventory method,what is the value of the inventory at August 15 after the sale?


A) $140
B) $160
C) $210
D) $380
E) $590

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