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Lionworks Enterprises Had the Following Inventory Data

Question 121

Multiple Choice

Lionworks Enterprises had the following inventory data: Lionworks Enterprises had the following inventory data: Assuming LIFO, what is the cost of goods sold for the July 14 sale? A) $451 B) $416 C) $472 D) $531
Assuming LIFO, what is the cost of goods sold for the July 14 sale?


A) $451
B) $416
C) $472
D) $531

Correct Answer:

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