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Question 112

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, cost of goods sold is A) $1,740. B) $4,464. C) $1,332. D) $4,056. A periodic inventory system is used.
Using LIFO, cost of goods sold is


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

Correct Answer:

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