Solution-Finding the ending inventory under fifo

Finding the ending inventory under fifo

Reference no: EM13972968

Use this information to answer the following question. Beginning inventory 200 units @ $6.00 Purchase-Dec. 100 units @ $12.00 A periodic inventory system is used; ending inventory is 147 units. What is ending inventory under FIFO?

a. $1,482

b. $1,382

c. $1,582

d. $1,282

Reference no: EM13972968

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Finding the ending inventory under fifo

Reference no: EM13972968

Reference no: EM13972968

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