问题
单项选择题
The following information is calculated by using LIFO method, calculate the cost of goods sold using FIFO. 20002001 Beginning Inventory $ 80000 $ 70000 Ending Inventory$ 70000 $ 50000 LIFO Reserve $ 5000 $ 8000 LIFO Cost of Goods Sold$ 300000 $ 250000（）
A. $ 219000.
B. $ 238000.
C. $ 247000.
答案
参考答案：C
解析：
COGSFIFO=COGSLIFO-(Ending LIFO Reserve-Beginning LIFO Reserve)
COGSFIFO=$ 250000-($ 8000-$ 5000)=$ 247000