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    Financial Managerial Accounting Study Set 1
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    Exam 8: Inventories and the Cost of Goods Sold
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    Assuming That Beech Soda Uses the FIFO Flow Assumption, the Cost
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Assuming That Beech Soda Uses the FIFO Flow Assumption, the Cost

Question 131

Question 131

Multiple Choice

Assuming that Beech Soda uses the FIFO flow assumption, the cost of goods sold to be recorded at January 14 is:


A) $278.
B) $268.
C) $393.
D) $673.

Correct Answer:

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