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The Following Inventory Transactions Took Place for NPR Corporation for the Month

Question 111

Multiple Choice

The following inventory transactions took place for NPR Corporation for the month of May: The following inventory transactions took place for NPR Corporation for the month of May: The ending inventory balance for NPR Corporation, assuming the company uses a perpetual inventory system, and a first-in, first-out (FIFO) cost formula is A) $15,000. B) $14,400. C) $12,850. D) $13,800. The ending inventory balance for NPR Corporation, assuming the company uses a perpetual inventory system, and a first-in, first-out (FIFO) cost formula is


A) $15,000.
B) $14,400.
C) $12,850.
D) $13,800.

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