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    Intermediate Accounting Study Set 4
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    Exam 11: Short-Term Operating Assets: Inventory
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    Sampe Company Has the Following Data Available: If Sampe
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Sampe Company Has the Following Data Available: If Sampe

Question 38

Question 38

Multiple Choice

Sampe Company has the following data available: Sampe Company has the following data available:   If Sampe Company uses a perpetual FIFO inventory system,the cost of goods sold for the year is ________. A) $5,400 B) $16,850 C) $12,100 D) $4,200 If Sampe Company uses a perpetual FIFO inventory system,the cost of goods sold for the year is ________.


A) $5,400
B) $16,850
C) $12,100
D) $4,200

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