Q6-46. If Marble Frame uses the FIFO method, the cost of the ending inventory will be a.

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Q6-46. If Marble Frame uses the FIFO method, the cost of the ending inventory will be

a. $39,000.

c. $36,260.

b. $36,160.

d. $36,000.

vQ6-47. If Marble Frame uses the LIFO method, cost of goods sold will be

a. $22,600.

c. $22,500.

b. $22,760.

d. $19,760.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 25, 2024 12:00 PM

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Q6-46. If Marble Frame uses the FIFO method, the cost of the ending inventory will be a.

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Financial Accounting International Financial Reporting Standards Global Edition

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