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Barry's Books uses a periodic inventory system. Barry's Books sold 40 copies of Helpful Hints during September. Other data for September include: Sep. 1 Balance
Barry's Books uses a periodic inventory system. Barry's Books sold 40 copies of Helpful Hints during September. Other data for September include:
Sep. 1 | Balance | 10 books @ $20 |
8 | Purchased | 15 books @ $24 |
17 | Purchased | 20 books @ $28 |
25 | Purchased | 20 books @ $25 |
Ending inventory under the FIFO method is:
Group of answer choices
A) $500.
B) $560.
C) $640.
D) $625.
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