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A company has beginning inventory of 46 units at a cost of $12.50 each on October 1. On October 5, it purchases 29 units at
A company has beginning inventory of 46 units at a cost of $12.50 each on October 1. On October 5, it purchases 29 units at $13.50 per unit On October 12 it purchases 39 units at $14.50 per unit. On October 15, it sells 87 units. Using the FIFO periodic inventory method, what is the value of the inventory at October 15 after the sale? Multiple Choice $812.00 O o o $729.00 o C Multiple Choice o $812.00 o O s337.50 o $729.00 o $420.50 o $391.50
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