A company's inventory records indicate the following data for the month of April: Units Acquired at...
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A company's inventory records indicate the following data for the month of April: Units Acquired at Cost 700 units @ $36 = $25,200 580 units @ $40 = $23,200 500 units @ $44 = $22,000 480 units @ $50 = $24,000 Date April 1 April 7 April 11 April 16 April 22 April 29 Beginning inventory Purchase Sale Purchase Sale Purchase Multiple Choice O $38.480. O $33,300. If the company uses the first-in, first-out (FIFO) method and the perpetual inventory system, what would be the cost of the ending inventory? $35,922. Activities $40,720 $53,680. Units Sold at Retail 1,000 units @ $110 400 units @ $110 A company's inventory records indicate the following data for the month of April: Units Acquired at Cost 700 units @ $36 = $25,200 580 units @ $40 = $23,200 500 units @ $44 = $22,000 480 units @ $50 = $24,000 Date April 1 April 7 April 11 April 16 April 22 April 29 Beginning inventory Purchase Sale Purchase Sale Purchase Multiple Choice O $38.480. O $33,300. If the company uses the first-in, first-out (FIFO) method and the perpetual inventory system, what would be the cost of the ending inventory? $35,922. Activities $40,720 $53,680. Units Sold at Retail 1,000 units @ $110 400 units @ $110
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