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Use This Information to Answer the Following Question

Question 61

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. A periodic inventory system is used. Using LIFO, the cost assigned to ending inventory is A) $1,740. B) $4,056. C) $1,332. D) $4,464. A periodic inventory system is used.
Using LIFO, the cost assigned to ending inventory is


A) $1,740.
B) $4,056.
C) $1,332.
D) $4,464.

Correct Answer:

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