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Adam IncUses a Perpetual Inventory System

Question 49

Multiple Choice

Adam Inc.uses a perpetual inventory system. Adam Inc.uses a perpetual inventory system. If Adam uses the LIFO method, how much is cost of goods sold for the month of January? A) $204 B) $208 C) $212 D) $560 If Adam uses the LIFO method, how much is cost of goods sold for the month of January?


A) $204
B) $208
C) $212
D) $560

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