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Use This Inventory Information for the Month of July to Answer

Question 13

Multiple Choice

Use this inventory information for the month of July to answer the following question. Use this inventory information for the month of July to answer the following question. -Assuming that a periodic inventory system is used,what is cost of goods sold under the average-cost method? A) $3,648 B) $7,752 C) $3,712 D) $7,888
-Assuming that a periodic inventory system is used,what is cost of goods sold under the average-cost method?


A) $3,648
B) $7,752
C) $3,712
D) $7,888

Correct Answer:

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