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Brody Corp. has the following information available for one of its inventory items for the month of November. Date Deescription Units Cost per unit Total
Brody Corp. has the following information available for one of its inventory items for the month of November. Date Deescription Units Cost per unit Total Cost Nov 1 Beginning inventory 100 $25 $ 2,500 Nov 10 Sales (70) Nov 20 Purchases 60 $40 $ 2,400 Nov 25 Sales (40) Nov 30 Purchases 50 $30 $ 1,500 Question: What should Brody report as the cost of its ending inventory using the FIFO assumption and the perpetual inventory system? Do not include decimals or cents in the numerical response. Answer: $Answer 1 Question 6
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