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RJ Corporation Has Provided the Following Information About One of Its

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RJ Corporation has provided the following information about one of its inventory items: RJ Corporation has provided the following information about one of its inventory items:   During the year, RJ sold 3,000 units. What was cost of goods sold using the LIFO cost flow assumption under a periodic inventory system? A) $11,680,000. B) $11,590,000. C) $11,480,000. D) $11,550,000. During the year, RJ sold 3,000 units. What was cost of goods sold using the LIFO cost flow assumption under a periodic inventory system?


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