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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 Average Cost Flow Assumption
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Assuming That Beech Soda Uses the Average Cost Flow Assumption

Question 33

Question 33

Multiple Choice

Assuming that Beech Soda uses the average cost flow assumption, the cost of goods sold to be recorded at January 14 is (round cost per unit to nearest cent) :


A) $317.50.
B) $308.25.
C) $273.33
D) $673.00.

Correct Answer:

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