Find the area of a parallelogram with base b and height h. b = 87 cm h = 18.6 cm A.105.6 cm2 B.2 211.2 cm2 C809.1 cm2 D1,618.2 c
1 answer:
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Answer:
The value of ending inventory will be items of latest purchase.
Step-by-step explanation:
Given that,
Lisa Company uses the periodic inventory system to account for inventories.
Information related to Lisa Company's inventory at October 31 is given,
Suppose, find the value of ending inventory using the FIFO cost assumption if 500 units remains on hand at october 31
We need to calculate the value of ending inventory
Using FIFO method
Hence, The value of ending inventory will be items of latest purchase.