Lowery Company Uses a Perpetual Inventory System

question 86

Multiple Choice

Lowery Company uses a perpetual inventory system. The following information is available for the month of March:

-Refer to the information provided for Lowery Company. If the company uses the LIFO inventory costing method, how much is cost of goods sold for the month of March?

• A)$560
• B)$212
• C)$208
• D)$204

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