Question: 01:24:23 Win Company, which uses the FIFO inventory method, had 300,000 units in inventory at the beginning of the year at a FIFO cost per

01:24:23 Win Company, which uses the FIFO inventory method, had 300,000

units in inventory at the beginning of the year at a FIFO

01:24:23 Win Company, which uses the FIFO inventory method, had 300,000 units in inventory at the beginning of the year at a FIFO cost per units of $50. No purchases were made during the year. Quarterly sales information and two sets of end :of quarter replacement cost figures follow Case A Unit Sales Quarter $ LO 29 100,000 1 7 22 30,000 2 9 18 42,500 3 7 22 30,500 4 :Required What is the value of case A First quarter "sales" FIFO Select one a. $2,900,000 b. $6,000,000 7 22 30,500 4 Required What is the value of case A First quarter "sales" FIFO :Select one a. $2,900,000 b. $6,000,000 o c. $2,500,000 d. $5,000,000

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