Question
MaCo begins operations in 20X1 and uses the periodic method and FIFO costing.In March, 20X1, MaCo buys 700 units @$4; in July, it buts 2,700
MaCo begins operations in 20X1 and uses the periodic method and FIFO costing.In March, 20X1, MaCo buys 700 units @$4; in July, it buts 2,700 units @$6, and in November, it buys !,600 @ $8.The cost of the 1,900 units in MaCo's December 31 ending inventory is...
$10,000
$15,200
$14,600
$7,600
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Management Accounting
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
7th Edition
978-1760421144, 1760421146
