Madison Outlet has the following inventory transactions for the year: Date Jan. 1 Mar. 14 Jan. 1 Dec. 31 Transaction Beginning inventory Purchase Total sales to customers What amount would Madison report for ending inventory using FIFO? Numbers of Units 10 15 12 Unit Cost $200 300 Total cost $2,000 4,500 $6,500

Madison Outlet has the following inventory transactions for the year: What amount would Madison report for ending inventory using FIFO