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    Financial Accounting IFRS Study Set 1
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    Exam 6: Inventories
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    Brocken Co
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Brocken Co

Question 209

Question 209

Multiple Choice

Brocken Co. has the following data related to an item of inventory: Brocken Co. has the following data related to an item of inventory:   The value assigned to cost of goods sold if Brocken uses FIFO is A)  £33,800. B)  £33,920. C)  £34,138. D)  £34,164. The value assigned to cost of goods sold if Brocken uses FIFO is


A) £33,800.
B) £33,920.
C) £34,138.
D) £34,164.

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