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Baker Bakery Company Just Began Business and Made the Following

Question 104

Multiple Choice

Baker Bakery Company just began business and made the following four inventory purchases in June: Baker Bakery Company just began business and made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is A) $1,092 B) $1,131 C) $1,368 D) $1,386 A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is


A) $1,092
B) $1,131
C) $1,368
D) $1,386

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