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Chase Company Uses the Perpetual Inventory Method

Question 125

Multiple Choice

Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information: Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information: Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31? A) $345 B) $340 C) $330 D) $1,020 Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31?


A) $345
B) $340
C) $330
D) $1,020

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