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Aubergine Corporation uses the periodic inventory system to record its inventory. The following information was available for the month of November: Explanation Beginning inventory ll
Aubergine Corporation uses the periodic inventory system to record its inventory. The following information was available for the month of November: Explanation Beginning inventory ll Purchase Purchase Purchase Date Units Unit Cost Total Cost S30 32 35 36 S 330 480 630 15 ov Nov. 15 Nov. 22 18 20 Total64 $2.160 A total of 35 units were sold during the period Assuming the use of the first-in, first-out (FIFO) cost formula, what is the cost of the ending inventory? O $1,035 $1,181 O $915 O $870
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