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-AAA CoUses a Periodic Inventory System and Has the Following Information

Question 114

Multiple Choice

-AAA Co.uses a periodic inventory system and has the following information in regard to its inventory: There are 500 units in ending inventory.What is the amount of the ending inventory using the LIFO method? A) $3,000 B) $7,200 C) $7,800 D) $8,900
-AAA Co.uses a periodic inventory system and has the following information in regard to its inventory:
-AAA Co.uses a periodic inventory system and has the following information in regard to its inventory: There are 500 units in ending inventory.What is the amount of the ending inventory using the LIFO method? A) $3,000 B) $7,200 C) $7,800 D) $8,900
There are 500 units in ending inventory.What is the amount of the ending inventory using the LIFO method?


A) $3,000
B) $7,200
C) $7,800
D) $8,900

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