Use this information to answer the following question. A periodic inventory system is used.
Using LIFO, cost of goods sold is
A) $1,740.
B) $4,464.
C) $1,332.
D) $4,056.

Question

Use this information to answer the following question.  A periodic inventory system is used.
Using LIFO, cost of goods sold is
A) $1,740. 
B) $4,464. 
C) $1,332. 
D) $4,056.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  A periodic inventory system is used.
Using LIFO, cost of goods sold is
A) $1,740. 
B) $4,464. 
C) $1,332. 
D) $4,056.

Use This Information to Answer the Following Question