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SunlandCompany uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows: Units Per unit price Total
SunlandCompany uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows:
Units | Per unit price | Total | |
Balance, 1/1/18 | 170 | $4.00 | $680 |
Purchase, 1/15/18 | 160 | 5.10 | 816 |
Purchase, 1/28/18 | 160 | 5.70 | 912 |
An end of the month (1/31/18) inventory showed that 260 units were on hand. How many units did the company sell during January, 2018?
| a. 320 |
| b. 230 |
| c. 100 |
| d. 260 |
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