RJ Corporation Has Provided the Following Information About One of Its

question 103

Multiple Choice

RJ Corporation has provided the following information about one of its inventory items: During the year,RJ sold 3,000 units.
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What was cost of goods sold using the LIFO cost flow assumption?

• A)$11,680,000.
• B)$11,590,000.
• C)$11,480,000.
• D)$11,550,000.

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