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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third
The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @May 23 100 units @ $4.15 300 units @ $4.55 500 units @ $4.75 100 units @ $4.95 900 units @ $7.95 Sales @ May 31 What is the amount of ending inventory assuming the FIFO cost flow method? Multiple Choice O O $455 $495 $415 $955 5
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