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The Exclusive Company Uses the Perpetual Inventory System

Question 33

Multiple Choice

The Exclusive Company uses the perpetual inventory system.The Exclusive Company has the following data available for the month of January: The Exclusive Company uses the perpetual inventory system.The Exclusive Company has the following data available for the month of January: What is the cost of ending inventory on January 31 using LIFO? A) $846 B) $968 C) $920 D) $730 What is the cost of ending inventory on January 31 using LIFO?


A) $846
B) $968
C) $920
D) $730

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