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Question 11 of 18 -/2 View Policies Current Attempt in Progress OrioleCompany's inventory records show the following data: Units Unit Cost $9.40 8.20 10000 8900
Question 11 of 18 -/2 View Policies Current Attempt in Progress OrioleCompany's inventory records show the following data: Units Unit Cost $9.40 8.20 10000 8900 Inventory, January 1 Purchases: June 18 November 8 6400 7.45 A physical inventory on December 31 shows 3600 units on hand. Oriole sells the units for $12 each. The company has an effective tax rate of 22%. Oriole uses the periodic inventory method. Under the FIFO method, the December 31 inventory is valued at O $33840. O $26820. O $29520. O $43200
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