A company had the following purchases during its first year of operations: Purchases January: 10 units at $120 February: 20 unit

Question

3 years ago

12

A company had the following purchases during its first year of operations: Purchases January: 10 units at $120 February: 20 unit

s at $125 May: 15 units at $130 September: 12 units at $135 November: 10 units at $140 On December 31, there were 26 units remaining in ending inventory. Using the periodic FIFO inventory costing method, what is the cost of the ending inventory

Business

1 answer:

Yakvenalex [24] · Answer 1 · 2022-05-28T23:09:34+03:00

Yakvenalex [24]3 years ago

7 0

Answer:

145

Explanation:

the price grows 5 dollars each month