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The Inventory Data for an Item for November Are

Question 155

Multiple Choice

The inventory data for an item for November are:
The inventory data for an item for November are: Using a perpetual system,what is the cost of the merchandise sold for November if the company uses LIFO? A) $610 B) $600 C) $590 D) $580
Using a perpetual system,what is the cost of the merchandise sold for November if the company uses LIFO?


A) $610
B) $600
C) $590
D) $580

Correct Answer:

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