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Trend W. Martinformation about inventory is contained in the table below. The company uses a perpetual inventory system. Inventory Grand Rapids Enterprises sells toysrplanes to
Trend W. Martinformation about inventory is contained in the table below. The company uses a perpetual inventory system. Inventory Grand Rapids Enterprises sells toysrplanes to retailers sold for $5.00 per unit Date Number of Units 2.000 Unit Cost Total Cost Lay01 DO 2.400 6.000 Determine the cost of Goods Sold for the January 10 ming that the company uses the LIFO cost flow method 55,160 O $12.00 O 1200 O $2,400 1 pts Question 11 port. The freight costs necessary to move the story from home Rigby Company bus merchandise with an invoke cost of $30,000 from Shoshone Company with shipping terms of FOB Company's factory to Rigby Company's warehouse amount to us. Which of the following statements is true? Comprendre costs of USD ShoshoneCam will record freightout costs of 4.SOO O Shoshone Company will record in costs of $4.500 O Company will have total ventory cost of $30,000
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