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Given the Following Data, What Is the Value of Cost

Question 19

Multiple Choice

Given the following data, what is the value of cost of goods sold as determined by the FIFO method? Given the following data, what is the value of cost of goods sold as determined by the FIFO method? A) $4,500 B) $2,912 C) $2,940 D) $2,880


A) $4,500
B) $2,912
C) $2,940
D) $2,880

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