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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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7 years ago
Given the following data, what is the value of ending inventory if the FIFO periodic method is used?

Sales revenue   200 units at $20 per unit
Beginning inventory   60 units at $12 per unit
Purchases   210 units at $13 per unit

A) $1,400
B) $840
C) $910
D) $1,600
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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#1
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7 years ago
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harra Author
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7 years ago
Good timing, thanks!
Roselalo
wrote...

Yesterday
Correct Slight Smile TY
bioc
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2 hours ago
Thank you, thank you, thank you!
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