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    Survey of Accounting
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    Exam 6: Receivables and Inventories
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    Using the First-In,first-Out Method,what Is the Cost of the Merchandise
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Using the First-In,first-Out Method,what Is the Cost of the Merchandise

Question 41

Question 41

Multiple Choice

Using the first-in,first-out method,what is the cost of the merchandise inventory of 30 units on November 30?


A) $640
B) $660
C) $700
D) $600

Correct Answer:

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