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Use This Information to Answer the Following Question

Question 157

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. A periodic inventory system is used. Using FIFO,the cost assigned to ending inventory is A) $8,112. B) $2,664. C) $3,480. D) $8,928. A periodic inventory system is used.
Using FIFO,the cost assigned to ending inventory is


A) $8,112.
B) $2,664.
C) $3,480.
D) $8,928.

Correct Answer:

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