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Use the Following Inventory Related Information for Questions Below

Question 86

Multiple Choice

Use the following inventory related information for Questions below:
Matt's Sporting Goods had the following inventory records for the month of January.
Use the following inventory related information for Questions below: Matt's Sporting Goods had the following inventory records for the month of January. -Assuming the last in first out (LIFO) method is used, what is Matt's Cost of Goods Sold for the month of January? A) $14,320 B) $14,280 C) $14,270 D) $14,300
-Assuming the last in first out (LIFO) method is used, what is Matt's Cost of Goods Sold for the month of January?


A) $14,320
B) $14,280
C) $14,270
D) $14,300

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