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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 490 340 Unit Cost $2.18
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 490 340 Unit Cost $2.18 2.69 Dunbar sold 550 units of inventory during the month. Ending inventory assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,068. $915. $753 $610. Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr. 20 Purchase Number of Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during month. Ending inventory assuming FIFO would be: Multiple Choice $500. $490. $470. $480. Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr. 20 Purchase Number of Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Cost of goods sold assuming FIFO would be: Multiple Choice $1,730 O $1,700. $1,720. . O $1,710
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