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Pop-Up Party Favors Inc

Question 43

Multiple Choice

Pop-up Party Favors Inc.has the following inventory data: Pop-up Party Favors Inc.has the following inventory data: A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand.Using the FIFO inventory method, the amount allocated to ending inventory for July is A) $930. B) $990. C) $960. D) $1,056. A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand.Using the FIFO inventory method, the amount allocated to ending inventory for July is


A) $930.
B) $990.
C) $960.
D) $1,056.

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