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Adam Inc Uses a Perpetual Inventory System

Question 113

Multiple Choice

Adam Inc. uses a perpetual inventory system. Adam Inc. uses a perpetual inventory system. If Adam uses the FIFO method, how much is cost of goods sold for the month of January? A) $204 B) $208 C) $212 D) $560 If Adam uses the FIFO method, how much is cost of goods sold for the month of January?


A) $204
B) $208
C) $212
D) $560

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