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Question 132

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. -Assuming that the specific identification method is used and that ending inventory consists of 15 units from each of the three purchases and five units from the January 1 inventory,cost of goods sold is A) $221. B) $418. C) $338. D) $445.
-Assuming that the specific identification method is used and that ending inventory consists of 15 units from each of the three purchases and five units from the January 1 inventory,cost of goods sold is


A) $221.
B) $418.
C) $338.
D) $445.

Correct Answer:

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