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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 image text in transcribed
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

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