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Barry's Books Uses a Periodic Inventory System

Question 39

Multiple Choice

Barry's Books uses a periodic inventory system. Barry's Books sold 40 copies of Helpful Hints during September. Other data for September include: Barry's Books uses a periodic inventory system. Barry's Books sold 40 copies of Helpful Hints during September. Other data for September include: Ending inventory under the FIFO method is: A) $500. B) $560. C) $640. D) $625. Ending inventory under the FIFO method is:


A) $500.
B) $560.
C) $640.
D) $625.

Correct Answer:

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