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Assuming That a Periodic Inventory System Is Used, What Is

Question 6

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Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis? A) $7,328 B) $7,348 C) $15,392 D) $15,412 Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis?


A) $7,328
B) $7,348
C) $15,392
D) $15,412

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