Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. it says the answer is $5,796, what was incorrect a

It says the answer is $5,796, what was incorrect about this method? ...

90.2K

Verified Solution

Question

Accounting

It says the answer is $5,796, what was incorrect about this method?
image
A company has the following: Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for December? $5,862 55,802 $5,796

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

General Management
1.2K views

discuss the following questions about Current Marketing Trends & Predictions for 2020/2021 You Should Be Thinking...

Statistics
1.2K views

A Question 11 1 point Retake question You flip a coin and then roll a...

Calculus
1.2K views

Find the real solutions of the equ

Calculus
1.2K views

For the equation given below, evaluate y' at the point (1, -1).y at (1, -1)...

Algebra
1.2K views

Half life include units Hide Transcribed Text 1 point Find the half life in hours...

Accounting
1.2K views

The Gifford Investment Company bought 100 Cable Corporation warrants one year ago and would like...

Accounting
1.2K views

Required information [The following information applies to the...

Accounting
1.2K views

First Question Second question Complete this question by entering your answers...

Accounting
1.2K views

10.4 A& B only geted and actual amounts by month and fr the year...

Finance
1.2K views

First City Bank (FCB) has $600 million of total assets, composed of $200 million in...

Finance
1.2K views

Russell Container Corporation has a $1,000 par value bond outstanding with 20 years to maturity....

Finance
1.2K views

2. We are evaluating a project that costs $1.68 million, has a five-year life, and...