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    Financial Accounting for Decision Makers
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    Exam 7: Inventory
  5. Question
    Use the Following Inventory Related Information for Questions Below
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Use the Following Inventory Related Information for Questions Below

Question 67

Question 67

Multiple Choice

Use the following inventory related information for Questions below
Use the following inventory related information for Questions below    -Assuming a periodic inventory system is used, what is ending inventory under LIFO? A)  $2,400 B)  $3,300 C)  $1,600 D)  $2,100
-Assuming a periodic inventory system is used, what is ending inventory under LIFO?


A) $2,400
B) $3,300
C) $1,600
D) $2,100

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