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Amiable Inc

Question 152

Multiple Choice

Amiable Inc.uses a perpetual inventory system.The following transactions took place during the month of August:
Amiable Inc.uses a perpetual inventory system.The following transactions took place during the month of August: If Amiable uses the LIFO method,what is the ending inventory at August 31? A) $496.00 B) $486.00 C) $492.57 D) $300.00 E) $510.00
If Amiable uses the LIFO method,what is the ending inventory at August 31?


A) $496.00
B) $486.00
C) $492.57
D) $300.00
E) $510.00

Correct Answer:

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