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Use This Inventory Information for the Month of November to Answer

Question 101

Multiple Choice

Use this inventory information for the month of November to answer the following question. Use this inventory information for the month of November to answer the following question. Assuming that a periodic inventory system is used,what is cost of goods sold under the average-cost method? A) $7,296 B) $15,504 C) $7,424 D) $15,776 Assuming that a periodic inventory system is used,what is cost of goods sold under the average-cost method?


A) $7,296
B) $15,504
C) $7,424
D) $15,776

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