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Rudolf Diesel Company's Inventory Records Show the Following Data

Question 113

Multiple Choice

Rudolf Diesel Company's inventory records show the following data: Rudolf Diesel Company's inventory records show the following data: A physical inventory on December 31 shows 3,000 units on hand. Under the FIFO method, the December 31 inventory is A) $21,000. B) $21,750. C) $24,000. D) $27,000. A physical inventory on December 31 shows 3,000 units on hand. Under the FIFO method, the December 31 inventory is


A) $21,000.
B) $21,750.
C) $24,000.
D) $27,000.

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