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Serene Stereos Has the Following Inventory Data: a Physical

Question 50

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Serene Stereos has the following inventory data: Serene Stereos has the following inventory data: A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand.Cost of goods sold under FIFO is A) $657 B) $1,269 C) $632 D) $1,295 A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand.Cost of goods sold under FIFO is


A) $657
B) $1,269
C) $632
D) $1,295

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