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Metro Computer Company had the following balances and transactions during 2014 Beginning inventory March 10 Aine 10 October 30 100 units at $75 Sold 50
Metro Computer Company had the following balances and transactions during 2014 Beginning inventory March 10 Aine 10 October 30 100 units at $75 Sold 50 units Purchased 200 units at $80 Sold 150 units What would the inventory amount be as reported on the balance sheet at December 31, 2014 if the perpetual Fint-In, First-Out costing method is uned? (Answers are rounded to the nearest dollar) $7.750 14,000 1400 O $7,000
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