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For 2021, X Company's Beginning Inventory and Purchases are as follows: Units Price per Unit 30 1/1 Balance $15 2/3 Purchase 25 $18 5/10 Purchase
For 2021, X Company's Beginning Inventory and Purchases are as follows: Units Price per Unit 30 1/1 Balance $15 2/3 Purchase 25 $18 5/10 Purchase 20 $20 11/4 Purchase 15 $22 During the year, X sold 61 units at $50 each Using FIFO, Ending Inventory is: 1. $1,630 2. $1,525 3. $610 4. $1,055 O1 2. 4
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