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Inventory records for Capetown, Incorporated revealed the following: Date April 1 April 20 Number of Transaction Units Beginning Inventory 400 Unit Cost $ 2.33
Inventory records for Capetown, Incorporated revealed the following: Date April 1 April 20 Number of Transaction Units Beginning Inventory 400 Unit Cost $ 2.33 Purchase 420 2.62 Capetown sold 620 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,048. $524. $932.
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