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Klump Co Uses a Perpetual Inventory System and Had the Following

Question 164

Multiple Choice

Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of June.June
Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of June.June    -Refer to the information provided for Klump Co. If the company uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is: A) $1,800.00 B) $1,810.00 C) $1,823.75 D) $1,825.00
-Refer to the information provided for Klump Co. If the company uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is:


A) $1,800.00
B) $1,810.00
C) $1,823.75
D) $1,825.00

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