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COMMAS (i.e. 3000) UNLESS OTHERWISE INSTRUCTED TO DO SO. Question 13 4 pts The following data is available for one of the products sold by

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COMMAS (i.e. 3000) UNLESS OTHERWISE INSTRUCTED TO DO SO. Question 13 4 pts The following data is available for one of the products sold by Fried Corp. They use a periodic inventory system: March 1 Beginning Inventory, 1,000 units @ $10.50 10,500 $ 43,000 5 Purchased 4,000 units @ $10.75 22 Purchased 6,000 units @ $11.00 66,000 Available for sale 11,000 units $ 119,500 March 31 Ending inventory--2,000 units If the FIFO method is used, ending inventory for March will be Next

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