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Tedder Uses a Periodic Inventory System

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Tedder uses a periodic inventory system. At the end of January, 20 units were on hand. The following additional information is available for the month of January:
Tedder uses a periodic inventory system. At the end of January, 20 units were on hand. The following additional information is available for the month of January:    -Refer to the information provided for Tedder Co. If the company uses FIFO inventory costing, how much is cost of goods sold for January? A) $230 B) $232 C) $240 D) $250
-Refer to the information provided for Tedder Co. If the company uses FIFO inventory costing, how much is cost of goods sold for January?


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