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  1. Cost Accounting: Malmedy Corporation uses the FIFO method in its process costing system. The

    Cost Accounting: Malmedy Corporation uses the FIFO method in its process costing system. The

    14
  2. The Devon Motor Company produces automobiles. On April 1, the company had no beginning inventories

    The Devon Motor Company produces automobiles. On April 1, the company had no beginning inventories

    22
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