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    Financial Accounting Study Set 4
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    Exam 5: Inventory
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    Lionworks Enterprises Had the Following Inventory Data
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Lionworks Enterprises Had the Following Inventory Data

Question 11

Question 11

Multiple Choice

Lionworks Enterprises had the following inventory data:
Lionworks Enterprises had the following inventory data:   Assuming average cost,what is the cost of goods sold for the July 7 sale? A) $642 B) $654 C) $648 D) $645
Assuming average cost,what is the cost of goods sold for the July 7 sale?


A) $642
B) $654
C) $648
D) $645

Correct Answer:

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