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Multiple Choice 49 Bonita Bookstore had 500 units on hand January 1, costing $9 each. purchaces and sales during the month of january were as
Multiple Choice 49 Bonita Bookstore had 500 units on hand January 1, costing $9 each. purchaces and sales during the month of january were as follows. under the FIFO method Multiple Choice Question 49 Bonita Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date Purchases Sales Jan. 14 420 @ $13 17 210 @ $12 210 @ $10 25 29 230 @ $16 Bonita does not maintain perpetual inventory records. According to a physical count, 270 units were on hand at January 31. The cost of the inventory at January 31, under the FIFO method is: $2700. $3240. 0 $2820. $2430
Multiple Choice 49 Bonita Bookstore had 500 units on hand January 1, costing $9 each. purchaces and sales during the month of january were as follows. under the FIFO method
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