Asked by Terry
Using the FIFO method of inventory pricing, what is the dollar value ending inventory if there were 300 units on hand December 31?
Auto Parts annual inventory of Windshield Wipers:
January 1, Beginning inventory 300 [email protected]
March 15 Purchase 15o units @ 10.50
June 10 Purchase 200 [email protected]
September 22 Purchse 175 [email protected]
December 10 Purchase 100 units @ 12.oo
a)3188 b)3219 c)3350 d)3600
Auto Parts annual inventory of Windshield Wipers:
January 1, Beginning inventory 300 [email protected]
March 15 Purchase 15o units @ 10.50
June 10 Purchase 200 [email protected]
September 22 Purchse 175 [email protected]
December 10 Purchase 100 units @ 12.oo
a)3188 b)3219 c)3350 d)3600