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    Financial Accounting Study Set 10
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    Exam 6: Inventory Cost of Goods Sold
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    Given the Following Data, Calculate the Cost of Ending Inventory
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Given the Following Data, Calculate the Cost of Ending Inventory

Question 51

Question 51

Multiple Choice

Given the following data, calculate the cost of ending inventory using the LIFO costing method. Given the following data, calculate the cost of ending inventory using the LIFO costing method.   A)  $1,940 B)  $2,069 C)  $2,274 D)  $2,425


A) $1,940
B) $2,069
C) $2,274
D) $2,425

Correct Answer:

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