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Question 36

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. A periodic inventory system is used. Cost of goods sold under FIFO is A) $429. B) $426. C) $452. D) $237. A periodic inventory system is used.
Cost of goods sold under FIFO is


A) $429.
B) $426.
C) $452.
D) $237.

Correct Answer:

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