Tinker Bell Company has the following: Units Unit Cost 11. Inventory, Jan. 1 8,000 Slut Purchase, June
Question:
Tinker Bell Company has the following:
Units Unit Cost 11.
Inventory, Jan. 1 8,000 Slut Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If Tinker Bell has 9,000 units on hand at December 31, the cost of the ending inventory under FIFO is:
(a) $99,000.
(c) $113,000.
(b) $108,000.
(d) $117,000.
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Related Book For
Financial Accounting
ISBN: 9780470929384
8th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, J. Mather
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