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Lionworks Enterprises Had the Following Inventory Data

Question 34

Multiple Choice

Lionworks Enterprises had the following inventory data: Lionworks Enterprises had the following inventory data: Assuming FIFO, what is the cost of goods sold for the July 7 sale? A) $588 B) $668 C) $652 D) $644
Assuming FIFO, what is the cost of goods sold for the July 7 sale?


A) $588
B) $668
C) $652
D) $644

Correct Answer:

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