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can you help me with the right answer please #1 I use to out $9000 is wrong and 17000 is wrong too. # 2 .
can you help me with the right answer please
Robert Langdon Corp. began the fourth quarter with 1,000 items of inventory that it had previously purchased for $12.50 each ($12,500 total cost). During the fourth quarter, Langdon purchased an additional 900 items of inventory $15 each ($13,500 total cost). Later in the fourth quarter, Langdon sold 1,300 items for $20 each, which was the only sale during the quarter. What is Langdon's inventory balance at the end of the year? Langdon uses the FIFO cost flow assumption. (just enter the number, without any commas or a dollar sign) 17,000 In March 2021, Joe Fox Corp. purchased an item of inventory for $200, which it hoped to sell for $350. By June, consumer demand for this product had waned. That same item could not be purchased from Fox's supplier for $125, and Fox is now selling the item for $250. At what amount should Fox report the item in its June 30 balance sheeyt? Fox uses the FIFO inventory cost flow assumption. (just enter the number, without any commas or a dollar sign) 200 #1 I use to out $9000 is wrong and 17000 is wrong too.
# 2 . 200 is not the right answer tooo
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