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6. Assuming no beginning inventory, what can be said about the trend of inventory prices if cost of goods sold computed when inventory is valued

6. Assuming no beginning inventory, what can be said about the trend of inventory prices if cost of goods sold computed when inventory is valued using the LIFO method exceeds cost of goods sold when inventory is valued using the FIFO method?

A) Prices remained unchanged

B)Price trends cannot be determined from this information

C) Prices decreased

D) Prices increased

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