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Davenport Merchandising Company Uses the FIFO Periodic Method of Cost

Question 64

Multiple Choice

Davenport Merchandising Company uses the FIFO periodic method of cost assignment. The following data are available: Davenport Merchandising Company uses the FIFO periodic method of cost assignment. The following data are available: The value of the ending inventory will be: A) $2400. B) $4800. C) $5866. D) $6400. The value of the ending inventory will be:


A) $2400.
B) $4800.
C) $5866.
D) $6400.

Correct Answer:

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