Study notes ACCT100 (ACC100) at University Of Phoenix

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ACCOUNTING 100: Milestone 3.docx 1587208422-Milestone 3. 100% Correct Answers

ACCOUNTING 100: Milestone 3.1 Based on this information, which of the following is the Cost of Goods Purchased? • $27,500 • $37,500 • $15,500 • $18,500 CONCEPT Exp anded Income Statement 2 Using the LIFO method and the information in this image, what is the Cost of Goods Sold during December? • $60,000 • $105,000 • $95,000 • $80,000 CONCEPT LIFO 3 Adam has 40 T-8 light fixtures that he purchased for $12 each and 240 T-5 light fixtures that he purchased for $16 each on the floor o...

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