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Shandy Shutters Has the Following Inventory Information

Question 14

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Shandy Shutters has the following inventory information. Shandy Shutters has the following inventory information.   A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is A)  €658. B)  €632. C)  €1,268. D)  €1,294. A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is


A) €658.
B) €632.
C) €1,268.
D) €1,294.

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