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Assume Overland.com began March with 8 units of inventory that cost a total of $152. During March, Overland.com purchased and sold goods as follows:
Assume Overland.com began March with 8 units of inventory that cost a total of $152. During March, Overland.com purchased and sold goods as follows: (Click the icon to view the purchases and sales.) Under the FIFO inventory costing method and the perpetual inventory system, how much is Overland.com's cost of goods sold for the sale on March 14? OA. $632 OB. $800 OC. $392 D. $400
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Intermediate Accounting
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
8th edition
978-1259997525, 1259997529, 978-1259548185
