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Serene Stereos Has the Following Inventory Data: a Physical

Question 178

Multiple Choice

Serene Stereos has the following inventory data: Serene Stereos has the following inventory data: A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Cost of goods sold under FIFO is A) $438 B) $846 C) $421 D) $863 A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Cost of goods sold under FIFO is


A) $438
B) $846
C) $421
D) $863

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