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Calculate the Cost of Food Consumed Assuming the Following: Beginning

Question 11

Multiple Choice

Calculate the cost of food consumed assuming the following: Beginning inventory $05,890
Net purchases $22,500
Transfers in $0,0870
Transfers out $0,0490
Ending inventory $05,010


A) $23,760
B) $24,250
C) $29,260
D) $23,380

Correct Answer:

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