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Question 17 of 19 Current Attempt in Progress -11 Pharoah Company has the following inventory data: June 1 7 22 Beginning inventory Purchases Purchases 30
Question 17 of 19 Current Attempt in Progress -11 Pharoah Company has the following inventory data: June 1 7 22 Beginning inventory Purchases Purchases 30 units at $19 84 units at $20 15 units at $22 $570 1680 330 2580 A physical count of merchandise inventory on July 31 reveals that there are 39 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $1830 $ 1770 $750 $810
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