Carrying value of montana inventory

Reference no: EM13135251

Montana Co. has determined its year-end inventory on a FIFO basis to be $600,000. Information pertaining to that inventory is as follows:

What should be the carrying value of Montana's inventory?

a. $600,000.

b. $520,000.

c. $590,000.

d. $510,000.

Reference no: EM13135251

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