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Exercise 6-16 (Part Level Submission) Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at
Exercise 6-16 (Part Level Submission) Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $655 each. On January 10, Swifty purchased 8 units at $730 each. The company sold 2 units on January 8 and 4 units on January 15. (a) Compute the ending inventory under FIFO. (Round answer to O decimal places, e.g. 1,250.) FIFO The ending inventory
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