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Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost June 1 150 units 5.2 June
Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost June 1 150 units 5.2 June 10 200 units 5.85 June 15 200 units 6.4 June 28 150 units 6.6 A physical count of inventory on June 30 show that 200 units on hand. Using the FIFO inventory method, the cost of the ending inventory on June 30 is: Select one: Oa. 1,305 b. 1,310 c. 2,073 d. 3,128 e. 1,073 9 a II
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