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The following information pertains to Julia & Company: March 1 Beginning inventory 34 units@ $5.40 March 3 Purchased 20 units 3.90 March 9 Sold 25
The following information pertains to Julia & Company: March 1 Beginning inventory 34 units@ $5.40 March 3 Purchased 20 units 3.90 March 9 Sold 25 units@8.20 What is the ending inventory balance for Julia&Company assuming that it uses FIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) O $157 O $78 O $127 O $70
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