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Question 153

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Use this information to answer the following question. Use this information to answer the following question. A periodic inventory system is used; ending inventory is 147 units. What is cost of goods sold under LIFO? A) $2,236 B) $6,236 C) $4,236 D) $8,236 A periodic inventory system is used; ending inventory is 147 units.
What is cost of goods sold under LIFO?


A) $2,236
B) $6,236
C) $4,236
D) $8,236

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