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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
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    The Following Information Was Derived from the 2010 Accounting Records
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The Following Information Was Derived from the 2010 Accounting Records

Question 29

Question 29

Multiple Choice

The following information was derived from the 2010 accounting records of Perez Co.: The following information was derived from the 2010 accounting records of Perez Co.:   Perez's 2010 cost of sales was A) $570,000. B) $600,000. C) $634,000. D) $639,000. Perez's 2010 cost of sales was


A) $570,000.
B) $600,000.
C) $634,000.
D) $639,000.

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