Tinker Bell Company has the following: Units Unit Cost 11. Inventory, Jan. 1 8,000 Slut Purchase, June

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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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Financial Accounting

ISBN: 9780470929384

8th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, J. Mather

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