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The units of Gelato available for sale during the year were as follows: January 1 Purchased 10 units @ $47 each February 17 Purchased 15
The units of Gelato available for sale during the year were as follows:
| January 1 | Purchased | 10 units | @ | $47 each |
| February 17 | Purchased | 15 units | @ | $49 each |
| July 21 | Purchased | 17 units | @ | $51 each |
| November 23 | Purchased | 16 units | @ | $52 each |
There were 12 units in Ending Inventory at December 31st.
Calculate the FIFO Ending Inventory Value/dollar amount
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
6th Edition
0867187816, 9780867187816
