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To adjust a company's LIFO cost of goods sold to FIFO cost of goods sold O a decrease in the LIFO reserve is subtracted from
To adjust a company's LIFO cost of goods sold to FIFO cost of goods sold O a decrease in the LIFO reserve is subtracted from LIFO cost of goods sold. O the ending LIFO reserve is added to LIFO cost of goods sold. O the ending LIFO reserve is subtracted from LIFO cost of goods sold. O an increase in the LIFO reserve is subtracted from LIFO cost of goods sold
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