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QUESTION 9 Aggie Car Company is a wholesaler for car engine parts. The company had the following activity during the month of April: Date Transaction
QUESTION 9 Aggie Car Company is a wholesaler for car engine parts. The company had the following activity during the month of April: Date Transaction Units Unit Cost Total Cost April Beg. Inventory 3,200 $64.30 $205,760 April 4 Purchase 3,400 $64.75 $220,150 April 25 Purchase 3,500 $66.00 $231,000 Apie had 3,050 units on hand in April. The sales price for all units sold in April was $88 per unit. If Aggie uses the FIFO inventory system, ending inventory at April 30hwould be A $205,760 B. $231,900 C. $196,115 D.5201,300 E $220,150
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