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XYZ Company made the following purchases and had the following sales in the month of December Total $96 @ @ $140 Date Action Units Dec.
XYZ Company made the following purchases and had the following sales in the month of December Total $96 @ @ $140 Date Action Units Dec. 1 Beginning Inventory 12 Dec. 3 Purchase 10 Dec. 8 Purchase 18 Dec. 12 Purchase 12 Dec. 30 Purchase 10 Dec. 31 TOTALS 52 Price $8 $14 $16 $18 $20 @ $128 @ @ $216 $200 $780 Answer the following questions related to the LIFO, FIFO, and Weighted Average cost flow assumptions: To answer this question, include only the number. Do not include a dollar sign ($) or any spaces in your answer. If a total of 20 units were remaining in ending inventory on Dec. 31, what would be the total cost in ending inventory under the FIFO cost flow assumption
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