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Leading Edge Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June are

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Leading Edge Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June are E(Click the icon to view the inventory and purchases data.) If Leading Edge Frame Shop uses the FIFO method, the cost of the ending inventory will be A. $28,500 B. $23,250. Data Table C. $36,750. D. $28,800. Units Unit Cost Total Cost 1 Beginning inventory 2,800 15.00 42,000 Jun 4 Purchase 1,500 15.50 23,250 9 Sale (1,900) Print Done

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