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B The inventory records for Radford Co. reflected the following: Beginning inventory First purchase @May 7 May 1 Second purchase @May 17 Third purchase
B The inventory records for Radford Co. reflected the following: Beginning inventory First purchase @May 7 May 1 Second purchase @May 17 Third purchase @May 23 Sales May 31 1,000 units @$3.60 1,100 units @ $3.80 1,300 units @ $3.90 900 units @ $4.00 3,300 units @ $5.50 What is the amount of ending inventory assuming the FIFO cost flow method?
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
