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Use the Following Information for the Month of July for Questions

Question 77

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Use the following information for the month of July for questions
ABC Inc.uses the FIFO cost formula in a perpetual inventory system.
Use the following information for the month of July for questions ABC Inc.uses the FIFO cost formula in a perpetual inventory system. -The cost of goods sold for the July 8 sale was A) $950. B) $980. C) $989. D) $1,000.
-The cost of goods sold for the July 8 sale was


A) $950.
B) $980.
C) $989.
D) $1,000.

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