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Strods Company Reported the Following Purchases and Sales of Its

Question 70

Multiple Choice

Strods Company reported the following purchases and sales of its only product.Strods uses a periodic inventory system.Determine the cost assigned to ending inventory using LIFO. Strods Company reported the following purchases and sales of its only product.Strods uses a periodic inventory system.Determine the cost assigned to ending inventory using LIFO. A) $2,260 B) $3,180 C) $2,580 D) $3,580 E) $2,100


A) $2,260
B) $3,180
C) $2,580
D) $3,580
E) $2,100

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