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Business, 19.11.2019 00:31 masonorourke
Montana co. has determined its year-end inventory on a fifo basis to be $600,000. information pertaining to that inventory is as follows: selling price $620,000 costs to sell 30,000 replacement cost 520,000 what should be the reported value of montana's inventory?
a. $600,000.
b. $520,000.
c. $590,000.
d. $620,000.
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Montana co. has determined its year-end inventory on a fifo basis to be $600,000. information pertai...
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