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Hunter Coy Sells Calculators

Question 54

Multiple Choice

Hunter Coy sells calculators. At the beginning of March, 100 Z1200 scientific calculators were on hand for which the firm had paid $25 each. Purchases and sales for the month were as follows.
Hunter Coy sells calculators. At the beginning of March, 100 Z1200 scientific calculators were on hand for which the firm had paid $25 each. Purchases and sales for the month were as follows. If Hunter Coy uses a periodic system with a LIFO cost flow assumption March's cost of sales for the Z1200 scientific calculators is: A) $3360. B) $4500. C) $5020. D) $5340.
If Hunter Coy uses a periodic system with a LIFO cost flow assumption March's cost of sales for the Z1200 scientific calculators is:


A) $3360.
B) $4500.
C) $5020.
D) $5340.

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