Question: VIP Save & Exit Subm The following inventory data are available for Hutchinson for the year 2020: FIFO Beginning 317300 Ending 380.700 LIFO 285 200

VIP Save & Exit Subm The following inventory data are available

VIP Save & Exit Subm The following inventory data are available for Hutchinson for the year 2020: FIFO Beginning 317300 Ending 380.700 LIFO 285 200 327.700 Assuming an income tax rate of 32% if Hutchinson elects UFO instead of FIFO is reported net income will be approximately Multiple Choice O $14.212 lower 34212 in

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