$4$

Ask

References

References

References

Integrated Excel Problem $18-2($Algo$)$ based on Word problem $18-21$

If Exxon uses FIFO for its inventory valuation, calculate the cost of ending inventory and cost of goods sold if ending inventory is $110$ barrels of crude oil.

$\backslash$table$[[$Beginning inventory purchases,Barrels,Barrel cost,Total Cost$],[\backslash$table$[[$Beginning inventory $-$ January $1],[1-$March$]],133,$$$94,$$$12,502$