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Metro Computer Company Had the Following Balances and Transactions During

Question 3

Multiple Choice

Metro Computer Company had the following balances and transactions during 2014: Metro Computer Company had the following balances and transactions during 2014: What would the company's ending merchandise inventory amount be on December 31, 2014 if the perpetual last-in, first-out costing method is used? A) $7,500 B) $23,500 C) $7,750 D) $16,000 What would the company's ending merchandise inventory amount be on December 31, 2014 if the perpetual last-in, first-out costing method is used?


A) $7,500
B) $23,500
C) $7,750
D) $16,000

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