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Sunlanduses the periodic inventory system. For the current month, the beginning inventory consisted of7400units that cost $10.00each. During the month, the company made two purchases:2800units
Sunlanduses the periodic inventory system. For the current month, the beginning inventory consisted of7400units that cost $10.00each. During the month, the company made two purchases:2800units at $11.00each and11900units at $11.50each.Sunlandalso sold12800units during the month. Using the FIFO method, what is the ending inventory?
$106950.
$93000.
$94900.
$101652.
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