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Jones Company Has the Following Data Available: If Jones

Question 125

Multiple Choice

Jones Company has the following data available: Jones Company has the following data available: If Jones Company uses a perpetual LIFO inventory system,the cost of ending inventory on October 31 is ________. A) $14,800 B) $18,500 C) $15,000 D) $66,900 If Jones Company uses a perpetual LIFO inventory system,the cost of ending inventory on October 31 is ________.


A) $14,800
B) $18,500
C) $15,000
D) $66,900

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