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a firm utilizing FIFO inventory accouting would, in calcullating gross profit?


1 all sales were from begining inventory.
2 all sales were from inventory before it was depleted, and then use sales from current production.
3 all sales were from current production
4 all sales were from cash.

538 day(s) ago

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Answers (1)

ujonesla 		2 is the right answer

Posted 538 days ago

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Question Title a firm utilizing FIFO inventory accouting would, in calcullating gross profit?
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