the beginning inventory of a company consist of 250 units valued at $16 each . four purchases of 60 units each were made during the year at $16, $16.50, $17, and $17.25 per unit, respectively. A physical count reveals 150 units on hand on the inventory date. what is the value of the ending inventory using the FIFO costing method?

a)$2,451 b)$2,550 c)$2,500 d)$2,400

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0 $2,200 O $2,409 Question 12 1 pts The beginning inventory for Kingsley Company consists of 250 units valued at $16 each. Four purchases of 60 units each were made during the year at $16, $16.50, $17, and $17.25 per unit, respectively. A physical count reveals 150 units on hand on the inventory date. What is the value of the ending inventory using the FIFO costing method? O $2,451 O $2,550 O $2,500 O $2,400 h 1 pts Question 13 bacor of 6