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RJ Corporation has provided the following information about one of its inventory items: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 420
RJ Corporation has provided the following information about one of its inventory items: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 420 $3,300 6/6 Purchase 820 $3,700 9/10 Purchase 1,300 $4,100 11/15 Purchase 820 $4,400 During the year, RJ sold 3,100 units. What was cost of goods sold using the FIFO cost flow assumption
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