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The Inventory Data for an Item for November Are

Question 22

Multiple Choice

The inventory data for an item for November are:
The inventory data for an item for November are: -Using the first-in,first-out method,what is the cost of the merchandise inventory of 30 units on November 30? A) $640 B) $605 C) $623 D) $660
-Using the first-in,first-out method,what is the cost of the merchandise inventory of 30 units on November 30?


A) $640
B) $605
C) $623
D) $660

Correct Answer:

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