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Please tell me how to get 167,000 Arron Company had beginning inventory of 200 units that cost $200 each. During the year, Arron made two

image text in transcribed Please tell me how to get 167,000

Arron Company had beginning inventory of 200 units that cost $200 each. During the year, Arron made two inventory purchases: Purchase 1 for 500 units that cost $210 each and Purchase 2 for 300 units that cost $220 each. Assuming Arron uses FIFO and sells 800 units of inventory during x Year 2, the amount of cost of goods available for sale equals $ 211000 cost of goods sold equals $ 215000 and Blank 1 Blank 2 * ending inventory equals $ 44000 (Enter your answers as whole numbers.) Blank 3 Correct Answer Blank 1: 211,000 Blank 2: 167.000 Blank 3: 44,000 Need help? Review these concept resources. Next Question Reading

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