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Tedder Co Tedder Uses a Periodic Inventory System

Question 186

Multiple Choice

Tedder Co. Tedder uses a periodic inventory system.At the end of January,20 units were on hand.The following additional information is available for the month of January:
Tedder Co. Tedder uses a periodic inventory system.At the end of January,20 units were on hand.The following additional information is available for the month of January: -Refer to the information provided for Tedder Co.If the company uses the LIFO inventory method,how much is inventory on the balance sheet at the end of January? A) $40 B) $50 C) $58 D) $60
-Refer to the information provided for Tedder Co.If the company uses the LIFO inventory method,how much is inventory on the balance sheet at the end of January?


A) $40
B) $50
C) $58
D) $60

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