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Metro Computer Company Had the Following Balances and Transactions During

Question 55

Multiple Choice

Metro Computer Company had the following balances and transactions during 2014. Metro Computer Company had the following balances and transactions during 2014. What would the Cost of sales be as reported on the income statement at 31 December 2014 if the perpetual average- costing method is used? (Answers are rounded to the nearest dollar.) A) $17 750 B) $14 600 C) $13 900 D) $15 600 What would the Cost of sales be as reported on the income statement at 31 December 2014 if the perpetual average- costing method is used? (Answers are rounded to the nearest dollar.)


A) $17 750
B) $14 600
C) $13 900
D) $15 600

Correct Answer:

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