Metro Computer Company had the following balances and transactions during 2014.
What would the company's Inventory amount be on the 31 December 2014 balance sheet if the perpetual Last- In, First- Out costing method is used? (Answers are rounded to the nearest dollar.)
A) $8 000
B) $7 300
C) $7 750
D) $7 500
Correct Answer:
Verified
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