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Opera Corp

Question 58

Multiple Choice

Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: What is the 2014 inventory balance using dollar-value LIFO? A) $756,000. B) $771,000. C) $736,500. D) $754,500. What is the 2014 inventory balance using dollar-value LIFO?


A) $756,000.
B) $771,000.
C) $736,500.
D) $754,500.

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