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During the year, JKL Inc. sold 150 mugs. What was the cost of goods sold under FIFO? 1. $1,750. 2. $1,000. 3. $1,600. 4. $2,050

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During the year, JKL Inc. sold 150 mugs. What was the cost of goods sold under FIFO? 1. $1,750. 2. $1,000. 3. $1,600. 4. $2,050

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