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Janice's Sporting Goods Had the Following Inventory Records for One

Question 88

Multiple Choice

Janice's Sporting Goods had the following inventory records for one line of skis for the month of January:
Janice's Sporting Goods had the following inventory records for one line of skis for the month of January: Assuming the periodic LIFO inventory method is used, what is the cost of Janice's ending inventory? A) $4,124 B) $4,268 C) $4,376 D) $4,100
Assuming the periodic LIFO inventory method is used, what is the cost of Janice's ending inventory?


A) $4,124
B) $4,268
C) $4,376
D) $4,100

Correct Answer:

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