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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 7: Inventories: Cost Measurement and Flow Assumptions
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    Morris Corp
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Morris Corp

Question 52

Question 52

Multiple Choice

Morris Corp. uses dollar-value LIFO. Certain information follows: Morris Corp. uses dollar-value LIFO. Certain information follows:    Compute the ending 2018 inventory. A)  $11,900 B)  $11,985 C)  $12,006 D)  $12,090
Compute the ending 2018 inventory.


A) $11,900
B) $11,985
C) $12,006
D) $12,090

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