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gOOvER gOOvER
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6 years ago
Given the following data, what is the cost of ending inventory rounded to the nearest whole dollar using periodic FIFO?

Sales revenue   100 units at $10 per unit
Beginning inventory   50 units at $8 per unit
Purchases   90 units at $9 per unit

A) $400
B) $360
C) $890
D) $850
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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HanoiHanoi
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6 years ago
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Thank you, thank you, thank you!
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