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Inventory records for Herb's Chemicals revealed the following: March 1, 2024, inventory: 1,750 gallons @ $8.70 per gallon = $15.225 Purchases: March 10 750
Inventory records for Herb's Chemicals revealed the following: March 1, 2024, inventory: 1,750 gallons @ $8.70 per gallon = $15.225 Purchases: March 10 750 gallons @ $8.75 Sales: March 5 550 gallons March 16 950 gallons @ $8.80 March 14 850 gallons March 23 750 gallons @ $8.85 March 20 650 gallons March 26 850 gallons The ending inventory assuming FIFO is: Multiple Choice
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