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The following information was taken from the accounting records of Tampa Roofing Company for the year ended 2022: St UNITS UNIT COST TOTAL COST
The following information was taken from the accounting records of Tampa Roofing Company for the year ended 2022: St UNITS UNIT COST TOTAL COST Inventory, January 1 150 P15.00 P2,250.00 Purchased April 1 235 P10.00 2,350.00 Purchased August 15 50 P12.00 600.00 Goods Available for Sale 435 P5,200.00 Goods Sold During the Year 200 Ending Inventory Using the same information on number (19), still using FIFO method, how much should be recorded as ending inventory? P3,200.00 P3,275.00 P2,450.00 O None of the above P2,350.00
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