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can you help me to solve this? with solution , thank you. Use the following information for the next two questions: Miller Inc. is a

can you help me to solve this? with solution , thank you.

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Use the following information for the next two questions: Miller Inc. is a wholesaler of office supplies. The activity for Model III calculator during August is shown below: Date Transaction Units Cost Aug. 1 Inventory 2,000 P36.00 7 Purchase 3,000 37.20 12 Sales 3,600 21 Purchase 4,800 38.00 22 Sales 3,800 29 Purchase 1,600 38.60 6. If Miller Inc. uses a FIFO periodic inventory system, the ending inventory of Model III calculators at August 31 is reported as a. 150,080 b. 150,160 c. 152,288 d. 152,960 7. If Miller Inc. uses a FIFO perpetual inventory system, the ending inventory of Model III calculators at August 31 is reported as a. 150,080 b. 150,160 C. 152,288 d. 152,960

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