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Addison, Inc

Question 207

Multiple Choice

Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September.
Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. -Use the information in the table to answer this question. If Addison uses LIFO, the September 17 cost of goods sold would be: A) $400 B) $450 C) $500 D) $600
-Use the information in the table to answer this question. If Addison uses LIFO, the September 17 cost of goods sold would be:


A) $400
B) $450
C) $500
D) $600

Correct Answer:

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