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Taxes R Us (TRU), an income tax preparation firm, uses the FIFOmethod of process costing for its monthly reports. TRU has nomaterials cost in the

Taxes R Us (TRU), an income tax preparation firm, uses the FIFOmethod of process costing for its monthly reports. TRU has nomaterials cost in the preparation of the returns. The followingshows its 2 answers

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