Question: AAA Co. uses a periodic inventory system and has the following information in regard to its inventory Beginning inventory Purchase on January 25 Purchase on

information in regard to its inventory Beginning inventory Purchase on January 25

AAA Co. uses a periodic inventory system and has the following information in regard to its inventory Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale 250 units @ 18 350 units @ 19 250 units @ 20 450 units @ 21 X 02:13:20 $ 4,500 6,650 5,000 9,450 $25,600 eBook There are 650 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice $9.450 $13,450 $4.500 $11,150

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