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Exhibit 20-3 Florence Company Sells Lawn Mowers

Question 40

Multiple Choice

Exhibit 20-3 Florence Company sells lawn mowers. The following information is available for Florence's inventory for 2011:
Exhibit 20-3 Florence Company sells lawn mowers. The following information is available for Florence's inventory for 2011: Refer to Exhibit 20-3. Calculate Florence's costs due to the price increase for the year. A) $13,500 B) $7,500 C) $22,500 D) $21,000 Refer to Exhibit 20-3. Calculate Florence's costs due to the price increase for the year.


A) $13,500
B) $7,500
C) $22,500
D) $21,000

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