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Rudolf Diesel Company's Inventory Records Show the Following Data

Question 161

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Rudolf Diesel Company's inventory records show the following data: Rudolf Diesel Company's inventory records show the following data:   A physical inventory on December 31 shows 8,000 units on hand. Under the FIFO method, the December 31 inventory is A)  $29,000. B)  $28,000. C)  $32,000. D)  $36,000. A physical inventory on December 31 shows 8,000 units on hand. Under the FIFO method, the December 31 inventory is


A) $29,000.
B) $28,000.
C) $32,000.
D) $36,000.

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