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AAA Company uses a periodic inventory system and has the following information regarding its inventory: Beginning inventory Purchase on January 25 Purchase on March
AAA Company uses a periodic inventory system and has the following information regarding its inventory: Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale 10,450 9,000 13,650 450 units @ 18 $ 8,100 550 units @ 19 450 units @ 20 650 units @ 21 $ 41,200 There are 750 units in ending inventory. What is the amount of the ending inventory using the FIFO method?
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