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The Following Information Was Taken from the Inventory Records of Helena

Question 95

Multiple Choice

The following information was taken from the inventory records of Helena Ltd.: The following information was taken from the inventory records of Helena Ltd.: What would be the cost of goods sold, assuming that the FIFO method is used in a periodic inventory system? A) $920 B) $930 C) $940 D) $950 What would be the cost of goods sold, assuming that the FIFO method is used in a periodic inventory system?


A) $920
B) $930
C) $940
D) $950

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