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    Intermediate Accounting Study Set 5
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    Exam 9: Inventory and Cost of Goods Sold
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    The Following Information Applied to Michaels Company for 2014
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The Following Information Applied to Michaels Company for 2014

Question 5

Question 5

Multiple Choice

The following information applied to Michaels Company for 2014: The following information applied to Michaels Company for 2014:   Michaels' inventoriable cost for 2014 was A)  $409,000. B)  $407,500. C)  $406,000. D)  $405,000 Michaels' inventoriable cost for 2014 was


A) $409,000.
B) $407,500.
C) $406,000.
D) $405,000

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