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Classic Floors Has the Following Inventory Data: Assuming That

Question 79

Multiple Choice

Classic Floors has the following inventory data: Classic Floors has the following inventory data: Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July? A) $931.20 B) $1,404.00 C) $708.00 D) $472.80 Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July?


A) $931.20
B) $1,404.00
C) $708.00
D) $472.80

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