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Remaining Time: 1 hour, 55 minutes, 08 seconds. Question Completion Status: QUESTION 22 A Company...

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Accounting

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Remaining Time: 1 hour, 55 minutes, 08 seconds. Question Completion Status: QUESTION 22 A Company has inventory of 23 units at a cost of $11 each on August 1. On August 3, it purchased 33 units at $9 each. 25 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 25 units that were sold? A. $575 B. $271 E C. $44 D. $277 DE $275 QUESTION 23 BNM Company has inventory of 23 units at a cost of $11 each on August 1. On August 3, it purchased 33 units at $9 each 25 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 25 units that were sold QUESTION 24 Which of the following in not an inventory costing method? A Specific identification Click Save and Sub Severs to at all answers

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