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Dobler Company Uses a Periodic Inventory System

Question 101

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Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: An end of the month (1/31/2014) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory? A) $843 B) $800 C) $868 D) $1,280 An end of the month (1/31/2014) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory?


A) $843
B) $800
C) $868
D) $1,280

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