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upton upton
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6 years ago
Barry's Books uses a periodic inventory system. Barry's Books sold 40 copies of Helpful Hints during September. Other data for September include:

Sep.   1   Balance   10 books @ $20
8    Purchased   15 books @ $21
17    Purchased   20 books @ $22
25    Purchased   20 books @ $24

Cost of goods sold under the FIFO method is:
A) $1,020.
B) $845.
C) $920.
D) some other number.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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6 years ago
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