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Iliescu Sporting Goods Had the Following Inventory Records for One

Question 91

Multiple Choice

Iliescu Sporting Goods had the following inventory records for one line of skis for the month of January:
Iliescu Sporting Goods had the following inventory records for one line of skis for the month of January: - Refer to Exhibit 7-7. Assuming the perpetual FIFO inventory method is used, what is the cost of Iliescu's ending inventory? A) $3,000 B) $3,446 C) $3,276 D) $3,546
- Refer to Exhibit 7-7. Assuming the perpetual FIFO inventory method is used, what is the cost of Iliescu's ending inventory?


A) $3,000
B) $3,446
C) $3,276
D) $3,546

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