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

Question 131

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 company keeps perpetual inventory records, Bueno's ending inventory on a LIFO basis is A) €33,600. B) €35,120. C) €47,850. D) €54,200. The company sold 8,000 units on July 22. Assuming that the company keeps perpetual inventory records, Bueno's ending inventory on a LIFO basis is


A) €33,600.
B) €35,120.
C) €47,850.
D) €54,200.

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