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    Business
  3. Study Set
    Intermediate Accounting Study Set 10
  4. Exam
    Exam 8: Inventory
  5. Question
    Use the Following Information for Questions
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Use the Following Information for Questions

Question 2

Question 2

Multiple Choice

Use the following information for questions
Use the following information for questions     -Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is A) $1,900. B) $1,920. C) $2,065. D) $2,100.
-Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is


A) $1,900.
B) $1,920.
C) $2,065.
D) $2,100.

Correct Answer:

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