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Jennifer Davis Company was formed on December 1, 2019. The following information is available from Davis's inventory records for Product BAP. Units Unit Cost 1,800
Jennifer Davis Company was formed on December 1, 2019. The following information is available from Davis's inventory records for Product BAP. Units Unit Cost 1,800 $7 8 January 1, 2020 (beginning inventory) Purchases: January 5, 2020 January 25, 2020 February 16, 2020 March 26, 2020 9 3,600 3,900 2,400 1,800 10 11 A physical inventory on March 31, 2020, shows 4,800 units on hand. (a) Prepare schedule to compute the ending inventory at March 31, 2020, under FIFO inventory method. JENNIFER DAVIS COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost
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