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Current Attempt in Progress When prices are falling the weighted average method of cost determination will produce a lower ending inventory value than FIFO. True

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Current Attempt in Progress When prices are falling the weighted average method of cost determination will produce a lower ending inventory value than FIFO. True False View Policies Current Attempt in Progress Marigold Company had cheques outstanding totling $7000 on its May 31 bank reconciliation. In, Marigold Company issued chequeststalling $39200. The bank statement to that $26800 in cheques cleared the bank in June. Acheque from one of Marigold Company's customers in the amount of $200 was turned med "SE" The amount of outstanding the Marigold Company's une bank reconciliation should be 57200 $12400 $19400 $19200 Attempts: 0 of 1 used

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