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Tomasino's Inventory Records Show the Following Data at January 31

Question 80

Multiple Choice

Tomasino's inventory records show the following data at January 31: Tomasino's inventory records show the following data at January 31: At January 31,240 units are still on hand.What is the cost of the ending inventory at January 31 if Tomasino uses the FIFO method? A) $1,680 B) $1,950 C) $2,520 D) $2,130 At January 31,240 units are still on hand.What is the cost of the ending inventory at January 31 if Tomasino uses the FIFO method?


A) $1,680
B) $1,950
C) $2,520
D) $2,130

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