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Iliescu Sporting Goods Had the Following Inventory Records for One

Question 19

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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 LIFO inventory method is used, what is Iliescu's cost of goods sold? A) $16,986 B) $17,244 C) $17,328 D) $17,174
- Refer to Exhibit 7-7. Assuming the perpetual LIFO inventory method is used, what is Iliescu's cost of goods sold?


A) $16,986
B) $17,244
C) $17,328
D) $17,174

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