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    Using Financial Accounting Study Set 1
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    Exam 5: Inventories and Cost of Goods Sold
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    ReadersCom Uses a Perpetual Inventory System
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ReadersCom Uses a Perpetual Inventory System

Question 255

Question 255

Multiple Choice

Readers.com uses a perpetual inventory system. Readers.com uses a perpetual inventory system.   If Readers.com uses the moving average method, how much is ending inventory on February 28? A)  $300 B)  $306 C)  $312 D)  $318 If Readers.com uses the moving average method, how much is ending inventory on February 28?


A) $300
B) $306
C) $312
D) $318

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