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Klinc Company Uses a Perpetual Inventory System and Had the Following

Question 16

Multiple Choice

Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June:
Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June:    The June 30th inventory included 45 units from the June 4th purchase and 45 units from the June 10th purchase. -Refer to the information provided for Klinc Company. What is the cost of goods sold for June under the specific identification method? A) $2,230 B) $1,575 C) $1,500 D) $1,450 The June 30th inventory included 45 units from the June 4th purchase and 45 units from the June 10th purchase.
-Refer to the information provided for Klinc Company. What is the cost of goods sold for June under the specific identification method?


A) $2,230
B) $1,575
C) $1,500
D) $1,450

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