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Dobler Company Uses a Periodic Inventory System

Question 38

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Dobler Company uses a periodic inventory system.Details for the inventory account for the month of January 2022 are as follows: Dobler Company uses a periodic inventory system.Details for the inventory account for the month of January 2022 are as follows: An end of the month (1/31/2022) inventory showed that 240 units were on hand.If the company uses FIFO, what is the value of the ending inventory? A) $1,320 B) $1,200 C) $1,302 D) $1,818 An end of the month (1/31/2022) inventory showed that 240 units were on hand.If the company uses FIFO, what is the value of the ending inventory?


A) $1,320
B) $1,200
C) $1,302
D) $1,818

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