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Inventory records for Big Top Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar. 23 Purchase Number
Inventory records for Big Top Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar. 23 Purchase Number of Units 1,000 600 800 600 Unit Cost $7.20 7.25 7.30 7.35 Big Top sold 2,300 units of inventory during the month. Cost of goods sold assuming FIFO would be: $16,800. $16,760. $16,660. 0 $16,540
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