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Bueno Company's Purchase and Sales Transactions for the Month of July

Question 207

Multiple Choice

Bueno Company's purchase and sales transactions for the month of July were as follows: Bueno Company's purchase and sales transactions for the month of July were as follows: The company sold 8,000 units on July 22. Assuming that the Bueno keeps perpetual inventory records, July's cost of goods sold on a FIFO basis is A) €33,600. B) €34,400. C) €53,400. D) €54,200. The company sold 8,000 units on July 22. Assuming that the Bueno keeps perpetual inventory records, July's cost of goods sold on a FIFO basis is


A) €33,600.
B) €34,400.
C) €53,400.
D) €54,200.

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